06-12-2012, 08:38 PM
Gee Palmer, according to the Yazoo Geniuses the following is true:
1) The fact that Duma surely appears to have been bribed to flip from being an EWC advocate and FLNG proponent for operations in Gulf Province to IOC/EWC/Flex adversary is somehow management's fault?? The Gulf LNG scheme was never a doomed or stoopid idea as the geniuses claim, a bribe caused a changed course.
2) IOC looks to be headed to more LNG quicker and a larger stake sale than IOC had schemed prior to Duma's bribe. Nothing wrong with more monetization quicker is there?
3) Geniuses lament that IOC hadn't sold their deals a couple of years ago into a crappy LNG market?? Tough sell here geniuses.
4) No bidding war for IOC's assets, resultant $/Mcf will be disappointing. Yeah right!
5) JKM has a bid and IOC is stonewalling them!! Yeah right. How about XOM as operator with JKM and a deal for $5-$6/M for dried gas sold to their growing PNG LNG plant that has not enough gas???
6) Damn the CA's Management should answer the hard questions from irrelevant retail shareholders!! HoHoHo to that too. Psssssss this story has a happy ending and no effort will be made to pump pps just as no effort has been made to pump pps in the past couple of years.
1) The fact that Duma surely appears to have been bribed to flip from being an EWC advocate and FLNG proponent for operations in Gulf Province to IOC/EWC/Flex adversary is somehow management's fault?? The Gulf LNG scheme was never a doomed or stoopid idea as the geniuses claim, a bribe caused a changed course.
2) IOC looks to be headed to more LNG quicker and a larger stake sale than IOC had schemed prior to Duma's bribe. Nothing wrong with more monetization quicker is there?
3) Geniuses lament that IOC hadn't sold their deals a couple of years ago into a crappy LNG market?? Tough sell here geniuses.
4) No bidding war for IOC's assets, resultant $/Mcf will be disappointing. Yeah right!
5) JKM has a bid and IOC is stonewalling them!! Yeah right. How about XOM as operator with JKM and a deal for $5-$6/M for dried gas sold to their growing PNG LNG plant that has not enough gas???
6) Damn the CA's Management should answer the hard questions from irrelevant retail shareholders!! HoHoHo to that too. Psssssss this story has a happy ending and no effort will be made to pump pps just as no effort has been made to pump pps in the past couple of years.

