Poll: How much per Mcf do you think IOC will get in the selldown deal?
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ZERO - Government expropriates the resource
0%
0 0%
0-0.50/Mcf - IOC is going bankrupt and have to sell ASAP
1.47%
1 1.47%
0.51 - 1.00/Mcf - Only bidder is government, this is the best they can get
1.47%
1 1.47%
1.01-1.50/Mcf - IOC is in no position to bargain
13.24%
9 13.24%
1.51-2.00/Mcf - Not as many bidders as IOC is suggesting
23.53%
16 23.53%
2.01-2.50/Mcf - Multiple SM/NOC/Utilites - This is a competitive bidding environment
38.24%
26 38.24%
2.51-3.00/Mcf - Cheapest gas to produce in SE Asia - nuff said
19.12%
13 19.12%
3.01-4.00/Mcf - Marubeni deal was for 3.16/Mcf
1.47%
1 1.47%
4.01-7.00/Mcf - Phil said it on the CC over a year ago
1.47%
1 1.47%
Total 68 vote(s) 100%
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Fun: What Price Do You Think The Selldown Will Bring?
#11
Efi,

You haven't voted yet :-)
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#12

I wish there was a vote for more later rather than less sooner. Kinda miss the Sleuth.

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#13
I would like to see a poll and comments on how much cash people expect upfront.

Thanks,
Sam
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#14
I expect $1 Billion upfront in the 1st 4 mtpa deal.People seem to forget this is just E/A and IOC has 40 more prospects like E/A was before drilling. Some will be better than others we all can agree.
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#15
Sam

You can start your own poll on that subject. Just start a new thread and at the bottom is the option to attach a poll. Can be just as you want it.
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#16

Hey all,

I just wanted to point out that there is no inside information or ulterior motive for me posting this thread, my friend was just curious how many people really believed the $1/mcf rumours.

I voted between 2.51 - 3.00/mcf because I am an eternal optimist, that is how I live my life.  Don't read anything into that vote.

H&H,
Hemi
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#17
Fair to say throw out 75 cents as shorts B/S and PRE $2.85-3.85 also a no go. The middle looks good but oh my what a spread in difference in price received.
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