08-05-2015, 02:56 AM
The history of the Super Majors at oil bottoms is they have cut to much but that over cutting preserves their dividend . When things turn and they will the Super Majors know before others . Look for a large acquisition to mark the bottom . No Interoil is not a large acquisition target .
Macquarie thinks Interoil needs to complete Ant 4 and 6 before anyone would take a stab at them .
Meanwhile the assets to feed the lowest cost new build LNG plant should command a premium price because of that then access to the low cost project .
Macquarie thinks Interoil needs to complete Ant 4 and 6 before anyone would take a stab at them .
Meanwhile the assets to feed the lowest cost new build LNG plant should command a premium price because of that then access to the low cost project .