InterOil’s renaissance

[jdeo1969]

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Palm, I agree with that, but tell me something I don't know.  I assume I still have a right to my opinions.  I

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PLease jkeep that in mind when responding to other posters.  I mean that as respectfully as I can.

[SamAdams]

Admin, I respectfully disagree.  The potential for several, multiple Tcf wells(never mind 20Ts or more) is why we've all hung around.  And E/A, while the terms of the deal are certain, what we end up with is far less so.  We still have two appraisal wells to complete and then a certification process.  That is why the stock is where its at, in addition to the weak energy tape.  I am optimistic but without more Pearls the whole bet is E/A.  If we end up dissppointed with 7-8 Ts at E/A and nothing else close then I would suggest there is more pain to come for equity holders despite the math.  We don't need to come up with a a 10T well in 2 weeks, but we need to be making progress.  Perhaps we are at Raptor but we can't be sure and what we do know is we're way behind schedule.  I am certain if we had tangible and positive results there would be fist pumping and high fiving here.  It would not be a "side" bet.  Just my opinion which I appreciate the opportunity to express.

[admin]

Admin, I respectfully disagree.  The potential for several, multiple Tcf wells(never mind 20Ts or more) is why we've all hung around.  And E/A, while the terms of the deal are certain, what we end up with is far less so.  We still have two appraisal wells to complete and then a certification process.  That is why the stock is where its at, in addition to the weak energy tape.  I am optimistic but without more Pearls the whole bet is E/A.  If we end up dissppointed with 7-8 Ts at E/A and nothing else close then I would suggest there is more pain to come for equity holders despite the math.  We don't need to come up with a a 10T well in 2 weeks, but we need to be making progress.  Perhaps we are at Raptor but we can't be sure and what we do know is we're way behind schedule.  I am certain if we had tangible and positive results there would be fist pumping and high fiving here.  It would not be a "side" bet.  Just my opinion which I appreciate the opportunity to express.

I actually don't think we're in disagreement here. Perhaps I didn't explain myself very well but to me it's largely a semantic discussion whether the other prospects are a 'side bet'

I think the main value is E/A and the Total deal for pay-out and monetization, properly risked and discounted. In that sense, they are the 'main bet.'

Having said that, much of the fantasy for longs is in the other prospects, but these are much less certain and to a considerable extent depend on the main bet playing out. But like I said, it's more semantics.