A Pumpola CC - Notes

[Tree]

Only Collin and Hession on the call.

None of the other guys noone cares about at this time.

Color on SM Details coming today.

Deal finalized by Y/E

[ebster123]

Tree, can't make the call today. Any info on the call statements much appreciated!!

[Tree]

Hession brought in a 'Delivery Team' last Qtr.
The Team delivered the $250,000,000 loan facility, the right banks and financiers.
"We are to be partnering with a SM in the Elk Antelope resource"
"The transformational deal is underway"
"I've brought in people that have closed LNG deals"
"We have offers from a number of mega-majors"
"We believe we can do this deal by YE"
"We are in parallel negotiations with a number of mega-majors"

[SamAdams]

Hession brought in a 'Delivery Team' last Qtr. The Team delivered the $250,000,000 loan facility, the right banks and financiers. "We are to be partnering with a SM in the Elk Antelope resource" "The transformational deal is underway" "I've brought in people that have closed LNG deals" "We have offers from a number of mega-majors" "We believe we can do this deal by YE" "We are in parallel negotiations with a number of mega-majors"

I am listening. Is this the same company? Wow.

[Tree]

"Very pleased with support from all levels of PNG Gov't"
"Every day is a possible final day"
"No intentions of negotiating in the public domain"
"We are very close, very close indeed"
"I do believe we will find more gas. I do believe we will find more gas around E/A"
"We have brought in people experienced in exploration from RDS, XOM, CVX and people I have worked with"
"Independent from GLJ and GC they have come back with glowing reports and say this is a 'World-Class Gas Province'"
"Confident now to start a multi-well exploration program"
"We've contracted 3 rigs and are working on a 4th"
Wahoo- Close to Port Moresby, 160 kms to PM, close to infrastructure
Raptor- 10 KM W of Antelope. Multi TCF reefal prospect.
Bobcat- Sits between Ant and Tri.
"These prospects would rank in any mega-majors exploration portfolio"
"These assets are being sought by a number of mega-majors"
"PRL 15 really excites me. It is a giant hydrocarbon. It will take 4 wells to define"
"We have parallel development plans for PRL15 with multiple mega-majors"
"We will choose the winner"

"Major, major value will be transferred to shareholders"

[TomCrooz]

"Very pleased with support from all levels of PNG Gov't" "Every day is a possible final day" "No intentions of negotiating in the public domain" "We are very close, very close indeed" "I do believe we will find more gas. I do believe we will find more gas around E/A" "We have brought in people experienced in exploration from RDS, XOM, CVX and people I have worked with" "Independent from GLJ and GC they have come back with glowing reports and say this is a 'World-Class Gas Province'" "Confident now to start a multi-well exploration program" "We've contracted 3 rigs and are working on a 4th" Wahoo- Close to Port Moresby, 160 kms to PM, close to infrastructure Raptor- 10 KM W of Antelope. Multi TCF reefal prospect. Bobcat- Sits between Ant and Tri. "These prospects would rank in any mega-majors exploration portfolio" "These assets are being sought by a number of mega-majors" "PRL 15 really excites me. It is a giant hydrocarbon. It will take 4 wells to define" "We have parallel development plans for PRL15 with multiple mega-majors" "We will choose the winner" "Major, major value will be transferred to shareholders"

 I must say, this is probably the most impressive cc I have listened to in all the years Ive owned IOC(2007). It is about time we got some color.  Well done Dr Mike!

[Ass0ciatedPress]

Thank you Tree.

My thoughts

Hession is an allstar.

I feel much more confident in the ship's direction.

A clear concise call with a vision of what is going forward.

-CL

[Spartina]

This one gave me goosebumps. Second that AP, thanks Tree.

[Optionray]

"Very pleased with support from all levels of PNG Gov't" "Every day is a possible final day" "No intentions of negotiating in the public domain" "We are very close, very close indeed" "I do believe we will find more gas. I do believe we will find more gas around E/A" "We have brought in people experienced in exploration from RDS, XOM, CVX and people I have worked with" "Independent from GLJ and GC they have come back with glowing reports and say this is a 'World-Class Gas Province'" "Confident now to start a multi-well exploration program" "We've contracted 3 rigs and are working on a 4th" Wahoo- Close to Port Moresby, 160 kms to PM, close to infrastructure Raptor- 10 KM W of Antelope. Multi TCF reefal prospect. Bobcat- Sits between Ant and Tri. "These prospects would rank in any mega-majors exploration portfolio" "These assets are being sought by a number of mega-majors" "PRL 15 really excites me. It is a giant hydrocarbon. It will take 4 wells to define" "We have parallel development plans for PRL15 with multiple mega-majors" "We will choose the winner" "Major, major value will be transferred to shareholders"

 I must say, this is probably the most impressive cc I have listened to in all the years Ive owned IOC(2007). It is about time we got some color.  Well done Dr Mike!

Just what I was thinking, I agree.

[Tree]

"We will get to delivered to us a Price for Gas, a series of Payments for Gas and LNG Equity for exchange of gas"

"Yes, we will get a positive cash event at the front end of this transaction."