12-05-2015, 04:10 AM
This is an old thought/thread, but, at what point does TOTAL have enough information that their own internal reservoir engineers can calculate the approximate size (TCFe) of PRL15? When the TOTAL accountants do the simple math that calculates the amount TOTAL will need to pay InterOil, it seems that TOTAL management is going to be in a great position (for them!) -- that is, they will be able to buy the whole company for essentially the same cash that is due to InterOil at certification !!!!
That is crazy!!! None of the other prospects or 30% of the LNG plant (yet to be FID'd or built) have any value !?!? All I can say is this is a clear example why a well-funded major oil company (like TOTAL) will be able to make a killing when the cycle turns.
That is crazy!!! None of the other prospects or 30% of the LNG plant (yet to be FID'd or built) have any value !?!? All I can say is this is a clear example why a well-funded major oil company (like TOTAL) will be able to make a killing when the cycle turns.