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  • edsilverstreak edsilverstreak May 15, 2012 10:28 PM Flag

    conforming deal has been submitted


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    • I have amongst others ubers been saying this for a long time

      Mitsui will win the bid and contract MRO to do the operating
      CSP with EWC and fixed plant
      Flex a future matter (kicked down the road) and perhaps used a change with the gov't wish to either use Hoegh methode of that of RDS (in that case Shell will join us and FLNG is their thing

      We will have everything eventually;
      Fixed plant,
      and FLNG.
      The refinery will be upgraded to take Crude and condensate or light crude.
      They will process the condensate of other smaller operators like Horizon

      IOC with have an infrastructure deal with XOM with a sea pipe connection

      With the only gas stations on PNG and the huge mining boom coming up IOC will pass the 500 usd mark with ease on production.

      If you think these numbers are too high ? remember the two offtake deals already made are worth 25B usd , a 3 B usd IOC will be worth atleast 5 times current worth with a lot more offtake deals to come (PNG LNG made a deal with china for 41B !!!!) and exploration of the remaining 4 million acres, image ; E/A , T , whale and a couple more finds in this string of pearl formation !

      look at the buying spree that the SM are undertaking , believe in the fact that Japan is in Uber panic mode loosing 20% of their energy, look at our costomer Glencore and the pull they have they have spent or are going to spend 90B , 43B and 6B this year alone to expaned their business.

      Simple when you are an offshore uber , I am an uber not for sales reasons but I have been so excited for so long. 100 usd is just the start, a shrill no more

      Think bigger

49.37-0.18(-0.36%)Sep 23 4:02 PMEDT