Clive Palmer owns three licenses through his company Mineralogy PTY. He claims to want to build his own 8 billion dollar LNG project but it looks to me like he is trying to SELL his licenses to Exxon or someone else.
He only spent 51 million dollars last year on exploration and has formed an exploration partnership with Oil Search. His eggs are going in a different basket.
I would question the accuracy of these reports. They look to me like speculation wrapped inside a rumor.