02-28-2016, 10:10 AM
Kaliboo
Take a minute and read the Total CC notes posted on the pages the year end report,
Total stated , they are working on financing , selling LNG now , they see a 90 percent traditional LNG contracts , based off oil prices . So if oil prices rise from here as most people think then the buyer pays more and the seller earns more profit .
At these prices today the project makes money days Oil Search and Intetoil .
See the IOC slides for profit today if we had fuel to sell today .
So it's all about long term thinking .
Oil Search see their end call is quite bullish also , see their CC notes on these pages .
Will we drill Ant 7 sure appears so yes .
If we're prove out 1-3 T 's as Hession hopes we get an extra $300 million plus . Yes we can use that money to stretch us into 1st gas.
Please read the Total and Oil Search calls and share you thought again . If you have trouble I can bump them up for you .
Take a minute and read the Total CC notes posted on the pages the year end report,
Total stated , they are working on financing , selling LNG now , they see a 90 percent traditional LNG contracts , based off oil prices . So if oil prices rise from here as most people think then the buyer pays more and the seller earns more profit .
At these prices today the project makes money days Oil Search and Intetoil .
See the IOC slides for profit today if we had fuel to sell today .
So it's all about long term thinking .
Oil Search see their end call is quite bullish also , see their CC notes on these pages .
Will we drill Ant 7 sure appears so yes .
If we're prove out 1-3 T 's as Hession hopes we get an extra $300 million plus . Yes we can use that money to stretch us into 1st gas.
Please read the Total and Oil Search calls and share you thought again . If you have trouble I can bump them up for you .