If...

[jdeo1969]

If this is not something fundamentally wrong, we are looking at an incredible bargain here.  If, that is.  This is incredible.  I never thought I would see the low 30s with this stock AFTER A TRANSFORMATIONAL DEAL unless it had split two or three times.  So our illustrious CEO has taken the stock price from 85 to 35 in two years.  Anyone care to defend that miserable F'ing performance?

[Putncalls]

If you factor in the transition from a buyout stock to a long term E and P company and an oil glut before you evaluate MH that might be reasonable.

[jdeo1969]

85 to 35 Putncalls. That says it all. Funny how the timeline, the expectations all change along the way and that is acceptable to many who post here. Too many company apologists on this board. It's a miserable performance. Nothing you point too in that statement is at all guaranteed. In the meantime, the grand deal that was going to send the stock soaring has instead brought upon we shareholders a 35 dollar share price in less than two years since Hession took over. That's a failing grade in my book every single day. 10 months since the wells were drilled and we have nothing firm on their success. Arb was supposed to have been concluded in November yet we hear nothing. We get slide shows on the company website. This is despicable.

[efi426hemi]

85 to 35 Putncalls. That says it all. Funny how the timeline, the expectations all change along the way and that is acceptable to many who post here. Too many company apologists on this board. It's a miserable performance. Nothing you point too in that statement is at all guaranteed. In the meantime, the grand deal that was going to send the stock soaring has instead brought upon we shareholders a 35 dollar share price in less than two years since Hession took over. That's a failing grade in my book every single day. 10 months since the wells were drilled and we have nothing firm on their success. Arb was supposed to have been concluded in November yet we hear nothing. We get slide shows on the company website. This is despicable.

Actually, I don't think any of Hession's timelines have changed since he announced them shortly after the Total deal.  So I can say my expectations have not changed any in the past year and I ain't apologizing.  I know where IOC is, I know IOC's destination, who gives a fahk if a bridges collapses on our route during the trip as long as we end up at the destination (of course I understand not everyone's investment ideology is like mine).  Is it 2021 yet?  Anyways, my chart from Nov.

Health and Happiness,

Hemi

[jdeo1969]

Thanks for the laugh Hemi

[jft310]

RE: Here's a valued perspective on IOC
JDEO a long term holder advised me.
Here's the perspective you need to have and may have but haven't posted .
Hession deferred the dollar receipt from the sell down to Total for the shareholders to receive more money for the asset .
Interoil owned 7.1 T's per GCA and Hession was convinced that was not the right quantity of assets at E/A. He convinced Total to front the money to drill additional wells to narrow the difference between GCA and GLJ . Before he could do that he also wanted to hold onto the other lease areas which required a well to be drilled to get an extension and there was a date that had to be met to start drilling . Looking long term he saw the value in keeping the added lease area .
Didn't have the rigs or money to drill the additional wells at E/A and the lease areas at the same time .
Today we are focused on drilling the new wells at E/A which will get us paid later in 2015 . So far Ant 4 shows that GCA needs to extend their area estimate and Laurie Brown now has improved seismics which show more assets at E/A . More wells to come will hopefully prove out GLJ or more .
The other choice Hession had was close a deal without this extra prove out of assets . Accept a lower payment from Exxon or Total . He chose the larger pot of gold but with this delay to drill .
Additional Dr Hession negotiated a 30 percent interest in the LNG plant and a second future asset payment after even more wells are drilled . This is a binding contract with set payments per tranche .
You talk about the drop in price per share . The payment later this year cures that issue
Here's some homework for you JDEO
Please verify the below
WTI is down 50 percent in 6 months
BTE, PGE, ECA, SDRL, LINE all dividend payers and others are all well down more than 50 percent .
Look up OSH and see it's been crushed .
IOC has a transformational event coming later this year . An event none of the other oil and gas stocks have in their near future a payment that could easily be equal or more than the current market cap . Most think in the $2 Billion dollar area .
Total is fully committed to LNG and announced a new plant this week in Africa .
Japan wants all the LNG they can get from PNG see the Credit Suisse article this week on PNG and Japan .
Goldman states 2 events need to happen to remove the uncertainty . One a winner of the arbitration and second receive the payment later this year . They assume the lower GCA extimate and clearly state with a larger asset the payment rises as does the stock price .
So you need to wait for the pop from the asset payment and a year later the pop from FID and the pop as the plant opens . That's how to make money with Interoil .
And don't forget Antelope is not alone or they will do all of this over and over again.

[steve3752]

RE: Here's a valued perspective on IOC JDEO a long term holder advised me. Here's the perspective you need to have and may have but haven't posted . Hession deferred the dollar receipt from the sell down to Total for the shareholders to receive more money for the asset . Interoil owned 7.1 T's per GCA and Hession was convinced that was not the right quantity of assets at E/A. He convinced Total to front the money to drill additional wells to narrow the difference between GCA and GLJ . Before he could do that he also wanted to hold onto the other lease areas which required a well to be drilled to get an extension and there was a date that had to be met to start drilling . Looking long term he saw the value in keeping the added lease area . Didn't have the rigs or money to drill the additional wells at E/A and the lease areas at the same time . Today we are focused on drilling the new wells at E/A which will get us paid later in 2015 . So far Ant 4 shows that GCA needs to extend their area estimate and Laurie Brown now has improved seismics which show more assets at E/A . More wells to come will hopefully prove out GLJ or more . The other choice Hession had was close a deal without this extra prove out of assets . Accept a lower payment from Exxon or Total . He chose the larger pot of gold but with this delay to drill . Additional Dr Hession negotiated a 30 percent interest in the LNG plant and a second future asset payment after even more wells are drilled . This is a binding contract with set payments per tranche . You talk about the drop in price per share . The payment later this year cures that issue Here's some homework for you JDEO Please verify the below WTI is down 50 percent in 6 months BTE, PGE, ECA, SDRL, LINE all dividend payers and others are all well down more than 50 percent . Look up OSH and see it's been crushed . IOC has a transformational event coming later this year . An event none of the other oil and gas stocks have in their near future a payment that could easily be equal or more than the current market cap . Most think in the $2 Billion dollar area . Total is fully committed to LNG and announced a new plant this week in Africa . Japan wants all the LNG they can get from PNG see the Credit Suisse article this week on PNG and Japan . Goldman states 2 events need to happen to remove the uncertainty . One a winner of the arbitration and second receive the payment later this year . They assume the lower GCA extimate and clearly state with a larger asset the payment rises as does the stock price . So you need to wait for the pop from the asset payment and a year later the pop from FID and the pop as the plant opens . That's how to make money with Interoil . And don't forget Antelope is not alone or they will do all of this over and over again.

They have said they expect the resource payment to be in 2015.  They need to meet a timeline for once.  How do people feel about IOC being  paid in 2015?  Will it happen?

[jft310]

All 7 analysts think they get paid in 2015 . The company says in writing slides and verbally 2015 .
Could it slip sure odds look slim . This is why the stocks weak and it's more than built into the current price .

[jft310]

Steve 3752 the Jan 12 Interoil slide show slide 13 shows the payment in the 4th quarter of 2015 see slides on the website .

[Getitrt2]

RE: Here's a valued perspective on IOC JDEO a long term holder advised me. Here's the perspective you need to have and may have but haven't posted . Hession deferred the dollar receipt from the sell down to Total for the shareholders to receive more money for the asset . Interoil owned 7.1 T's per GCA and Hession was convinced that was not the right quantity of assets at E/A. He convinced Total to front the money to drill additional wells to narrow the difference between GCA and GLJ . Before he could do that he also wanted to hold onto the other lease areas which required a well to be drilled to get an extension and there was a date that had to be met to start drilling . Looking long term he saw the value in keeping the added lease area . Didn't have the rigs or money to drill the additional wells at E/A and the lease areas at the same time . Today we are focused on drilling the new wells at E/A which will get us paid later in 2015 . So far Ant 4 shows that GCA needs to extend their area estimate and Laurie Brown now has improved seismics which show more assets at E/A . More wells to come will hopefully prove out GLJ or more . The other choice Hession had was close a deal without this extra prove out of assets . Accept a lower payment from Exxon or Total . He chose the larger pot of gold but with this delay to drill . Additional Dr Hession negotiated a 30 percent interest in the LNG plant and a second future asset payment after even more wells are drilled . This is a binding contract with set payments per tranche . You talk about the drop in price per share . The payment later this year cures that issue Here's some homework for you JDEO Please verify the below WTI is down 50 percent in 6 months BTE, PGE, ECA, SDRL, LINE all dividend payers and others are all well down more than 50 percent . Look up OSH and see it's been crushed . IOC has a transformational event coming later this year . An event none of the other oil and gas stocks have in their near future a payment that could easily be equal or more than the current market cap . Most think in the $2 Billion dollar area . Total is fully committed to LNG and announced a new plant this week in Africa . Japan wants all the LNG they can get from PNG see the Credit Suisse article this week on PNG and Japan . Goldman states 2 events need to happen to remove the uncertainty . One a winner of the arbitration and second receive the payment later this year . They assume the lower GCA extimate and clearly state with a larger asset the payment rises as does the stock price . So you need to wait for the pop from the asset payment and a year later the pop from FID and the pop as the plant opens . That's how to make money with Interoil . And don't forget Antelope is not alone or they will do all of this over and over again.

They have said they expect the resource payment to be in 2015.  They need to meet a timeline for once.  How do people feel about IOC being  paid in 2015?  Will it happen?

See the planned program for 2014-15 on page 13 of the Monday presentation, with "Certification" scheduled for Q4, not specifically "payment".  They have decided to drill Antelope 6 pending JV approval, and it is not expected to spud until late Q2, hopefully with completion in Q4 for inclusion in certification.  If that results in a significantly larger payment in early 2016, so what?  I think I would see that as positive.