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Kogas-Japex-Mitsui lashup
#21
Hey - over here, uh - excuse me, what's all the fuss about.

I'm out here, with my anchor dropped on top of this reef, watching the whale sharks swimming by, and the rum and coke I ordered from the nice young lady hasn't made it back from the sandy beach yet. What's wrong here.

Ha ha

;-)

Tusk
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#22
She dropped your Cap'n Morgan at my hut and put it on you bill! Stop by and the missus of your choice will apply sun screen where ever you want it! I've ordered new ray-bans for us, hope they're here in time for T-2's flare.
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#23
Tree: ["Think about it, if ennerOle were to allow EWC/Flex to be booted and replaced with a 16$ billion plant then IOC would need to cough up 4$ billion to keep a 25% stake and Pac LNG at least a couple billion. In return ennerOle would get a smaller ROI too. Logic says ‘No way Jose’ on that proposition, it ain’t happening."]

This is one of the reasons why the drilling is so important, hitting a reef in T2 will give them that many more options, improving their leverage and negotiating position..
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#24
hihihi BOOM!!!!!!!!!!!!!!!!!!!!!!!!!!!!
NOW VALUED AT $0.60
THE DEAL WILL BE AT $2.50
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#25
This is starting to make more sense. Wayne had to talk in soundbites not to give the family secrets away. He did mention Mitsui was eager but they were afraid they would be cast aside if a gorilla took over. He kept on bringing up the subject we do not need a major to be the operator, we can hire an operator. Mitsui, Japex, and Kogas bring, Money, Brains, Political Clout and large quality, most important quanity end users. I vote for them. Everybody else can fight for the trillions of gas in PPL236.
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#26
PS.. EWC has the equipment available to deliver 1- mtpa immediately, still sitting in their yard. 18 months to fab the rest.
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#27
Looks good but its not done yet huh
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#28
jonleba, EWC pps is holding strong; seems to be saying at this point they are still in. Just posted separate on both Flex and EWC pps. Flex shot up yesterday to highest level in some time. Seems to be saying they are still a player also.
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#29
Tree,

You said it with "Yup we keep Gulf LNG as configured with these guys. They are the end users"

EWC and Flex are still in.

Best,
Sam
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#30
'Korea Gas, known as Kogas, is stitching together a consortium involving Mitsui and Japan Petroleum Exploration that aims to join InterOil’s proposed gas-export project in Papua New Guinea as a strategic partner.'

Maybe it's jus me, but, joining the proposed gas-export project is a bit different than kicking the economical, efficient and quickest route to the curb. Comments welcome. HoHoHo.
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