The Motley Fool which is a step above Seeking Alpha even though their a motley crew as well, compares IOC selling down with that of APC in Mozambique selling down to monetize their position. The Bottom Line: XOM wants the oil and they are not going to allow RDS to come in and grab it under their nose. XOM already has the LNG and IOC has the oil. It will be a win win for both unless you're Short of course.
This the king of 'deal coming soon' stocks. I bet we hear something by next week. LMAO. And if you don't, I will at least say that I bet we hear something by next week. It's the endless circle-jerk of life. LOL