07-23-2012, 04:21 AM
Bam, welcome to the party.
Agree with others, there is no way Phil et al can even think about pulling off a "no major" deal. It's a given that it's do or die and croaking is not an option. Also agree with Pet and others that they will not sell off 100% of PRL15. It's likely to be in the 25-32.5% range for many reasons. These companies need to spread risk, not concentrate it and PNG is at this point still pretty high risk.
On election; there's no way it's going to be too easy. Just looked at most recent results and O'Neill's party has 9 declared seats and is leading in just 15 more. Between Polye and Nama's parties they total the same 24. It will be a dogfight to form a coalition.
And Bobby, I'm in for GABP II. Schedule is kind of tight but will do whatever I can to make it happen. Reds probably won't let us near any slider stations this year!
Agree with others, there is no way Phil et al can even think about pulling off a "no major" deal. It's a given that it's do or die and croaking is not an option. Also agree with Pet and others that they will not sell off 100% of PRL15. It's likely to be in the 25-32.5% range for many reasons. These companies need to spread risk, not concentrate it and PNG is at this point still pretty high risk.
On election; there's no way it's going to be too easy. Just looked at most recent results and O'Neill's party has 9 declared seats and is leading in just 15 more. Between Polye and Nama's parties they total the same 24. It will be a dogfight to form a coalition.
And Bobby, I'm in for GABP II. Schedule is kind of tight but will do whatever I can to make it happen. Reds probably won't let us near any slider stations this year!