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'Relker' pid='65297' dateline='<a href="tel:1449839 Wrote:
[quote='Gator' pid='65186' dateline='1449581769']
DataRoom AM: Oil Search counterattack
ocument">
Takeover target Oil Search could be on the hunt for a poison pill that kills two birds with one stone.
Elsewhere, South32 may make a quick departure from the UK, a rival bid is tipped to emerge in the sudden battle for Investa Office Fund and NAB confirms its UK exit plans.
Oil Search continues to assess ways to fend off suitor Woodside Petroleum, with The Australian Financial Review reporting the firm could make a play for InterOil that both complicates Woodside’s strategy and solves its succession-planning conundrum.
The report suggests informal discussions have been held between the two parties on a deal that would undoubtedly include a premium on InterOil’s current $2.4 billion value. Separately, Oil Search is believed to have run a boardroom audit on NY-listed InterOil’s boss Michael Hession. The thought is Hession could be a logical successor to Oil Search chief executive Peter Botten.
It remains to be seen if all informal contacts between IOC and Osh relate to a share deal. IOC and OSH form the majority in the JV which controls the E/A field. IOC needs an ally to proceed with A7. However, Osh does not want a decision on A7 before they have paid out Civelli. On the other hand, Osh will be interested to receive gas for PNG LNG coming from the E/A field. This would take away the pressure to develop the P'Nyang field. The other parties will be inclined to help Osh if they find > 15 TCF in the E/A field. The alternative would be building 3 trains which is a bit too much in the present circumstances
Relker - Interesting comments above . Are these your thoughts?? An analyst ?? Or IR?? Not looking for a source name just the type ??
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Relker - per my sources no basis in fact to your speculation above .
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'Relker' pid='65297' datel Wrote:
'Gator' pid='65186' datel Wrote:
DataRoom AM: Oil Search counterattack
ocument">
Takeover target Oil Search could be on the hunt for a poison pill that kills two birds with one stone.
Elsewhere, South32 may make a quick departure from the UK, a rival bid is tipped to emerge in the sudden battle for Investa Office Fund and NAB confirms its UK exit plans.
Oil Search continues to assess ways to fend off suitor Woodside Petroleum, with The Australian Financial Review reporting the firm could make a play for InterOil that both complicates Woodside’s strategy and solves its succession-planning conundrum.
The report suggests informal discussions have been held between the two parties on a deal that would undoubtedly include a premium on InterOil’s current $2.4 billion value. Separately, Oil Search is believed to have run a boardroom audit on NY-listed InterOil’s boss Michael Hession. The thought is Hession could be a logical successor to Oil Search chief executive Peter Botten.
It remains to be seen if all informal contacts between IOC and Osh relate to a share deal. IOC and OSH form the majority in the JV which controls the E/A field. IOC needs an ally to proceed with A7. However, Osh does not want a decision on A7 before they have paid out Civelli. On the other hand, Osh will be interested to receive gas for PNG LNG coming from the E/A field. This would take away the pressure to develop the P'Nyang field. The other parties will be inclined to help Osh if they find > 15 TCF in the E/A field. The alternative would be building 3 trains which is a bit too much in the present circumstances.
Do not agree with ANY of that.
'Getitrt2' pid='65315' datel Wrote:
'Relker' pid='65297' datel Wrote:
'Gator' pid='65186' datel Wrote:
DataRoom AM: Oil Search counterattack
ocument">
Takeover target Oil Search could be on the hunt for a poison pill that kills two birds with one stone.
Elsewhere, South32 may make a quick departure from the UK, a rival bid is tipped to emerge in the sudden battle for Investa Office Fund and NAB confirms its UK exit plans.
Oil Search continues to assess ways to fend off suitor Woodside Petroleum, with The Australian Financial Review reporting the firm could make a play for InterOil that both complicates Woodside’s strategy and solves its succession-planning conundrum.
The report suggests informal discussions have been held between the two parties on a deal that would undoubtedly include a premium on InterOil’s current $2.4 billion value. Separately, Oil Search is believed to have run a boardroom audit on NY-listed InterOil’s boss Michael Hession. The thought is Hession could be a logical successor to Oil Search chief executive Peter Botten.
It remains to be seen if all informal contacts between IOC and Osh relate to a share deal. IOC and OSH form the majority in the JV which controls the E/A field. IOC needs an ally to proceed with A7. However, Osh does not want a decision on A7 before they have paid out Civelli. On the other hand, Osh will be interested to receive gas for PNG LNG coming from the E/A field. This would take away the pressure to develop the P'Nyang field. The other parties will be inclined to help Osh if they find > 15 TCF in the E/A field. The alternative would be building 3 trains which is a bit too much in the present circumstances.
Do not agree with ANY of that.
Let us wait and see in the present doldrums.
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JFT, for the record, IOC continually gives timelines and then repeatedly misses them regardless of what it is related to. I am not referring to what the timeline is related to only that IOC regularly misses those times.
