MS ups Oil Search

[Thylacine-2]

Thanks, jft. I'm not so sure what is holding back the PPS. Maybe it's the name.... InterOIL. Companies with "OIL" in the name aren't fashionable right now.

[Gator]

"Many believe the Total payment will be in the $2 Billlion (sic) range this year".

Obviously not that many when the market cap of IOC went below $2 billion today.

[jft310]

I ask all to take a minute and look at page 8 exhibit 11 of this report . It's a graph of Oil Search and its gas price per mcf .
Discovered Gas in the ground is worth 50 cents
At FID gas is worth 70 cents
At first gas the gas is worth $5.00 per mcf
Today it is worth even more .
All this happens with Interoil and more .