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OSH announcement of Papua LNG; a bit better
#14
The primary additive difference between this and IOC's pr is OSH's mention of current discussions with the PNG Government and pending supportive statement from it, a key item, of course. Perhaps IOC did not want to dilute that pending release from the Government. There is also a little more site detail, and an update on appraisal wells, although including nothing new on the latter.

On the other hand, IOC included a statement I would consider of some importance not in the OSH pr, i.e., "InterOil Chief Executive Dr Michael Hession said the venture would now enter basis of design, a significant milestone for the Papua LNG project", sometimes referred to as "BOD". I would suggest this is included in Total's development schedule/timeline in presentations as part of "FEED", shown as starting at the end of Q2, in which case would not indicate any significant slippage in the previously shown timeline.

Happy Birthday, sageo!
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RE: OSH announcement of Papua LNG; a bit better - by Getitrt2 - 07-07-2015, 05:59 AM

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