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InterOil Corporation Message Board

  • pickboone pickboone Jan 30, 2013 8:19 PM Flag

    PNG Post Courier changing its tune on IOC

    From today's article titled "PNG’s new gas prospect": "Talisman Energy Niugini is a quiet achiever, not as high-profile as the Kutubu and Hide- based LNG Project or the planned InterOil development in the Gulf Province."

    Also, the article states, "A gas export project, aggregating the production from several fields to an export facility in the Western Province, could be commercially viable on a basis of 2 to 4 tcf of 2C resource (gross)." Well, if an LNG export project could be commercially viable with 2 to 4 tcf of resources scattered across several fields, inagine how viable 20 tcf of resources concentrated in 2 prolific fields must be...

    Sentiment: Strong Buy

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IOC
56.24+0.80(+1.44%)Jul 29 4:02 PMEDT

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