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InterOil Corporation Message Board

  • ebster123 Feb 14, 2013 10:55 AM Flag

    LNG coming!!!!!!!!!!!!!!!

    Thursday's National has several articles which have the same theme. Get infrastructure projects and development going or get out of the way. O'Neill has sent a strong message on roads and ports; get things moving and report back April 15 on progress. In Kerema the former administrator wasn't getting things done so he's gone and a new guy has been charged with utilizing 2013 DSIP funds to get projects going that will support or be spin-offs of the coming LNG "projects". Loud and clear.

    Kerema gets new administrator
    The National, Thursday 14th February, 2013
    KEREMA has a new district administrator and treasurer to assist local parliamentarian Richard Mendani to deliver its five-year strategic business and development plans.
    Mendani initiated the new appointments following the failure of the former district administration to implement development programmes and projects.
    He said that Frank Bomioshields had been appointed new district administrator and Paul Sime was the new district treasurer.
    “I decided that I need a new district administrator and treasurer so I made the changes,” Mendani said.
    “These new officers are senior officers with many years of experience and I have trust and confidence in what they are going to do.”
    Mendani said he would launch the district business plan followed by the district development plan, which would be implemented by Bomioshields and Sime.
    He said that funds allocated to the district services improvement programme (DSIP) would be used to implement the Kerema district business and development plans.
    Mendani added that Kerema would become one of the strategic areas for future liquefied natural gas projects in the Gulf province and the district plans would support the development.
    The MP thanked the national government for approving the appointments, adding that the quick response showed the interest in implementing development programmes at the district level.

    Sentiment: Strong Buy

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    • putncalls Feb 14, 2013 10:59 AM Flag

      Hoho. Now you have some adrenaline flowing and can pass on the Red Bull for the rest of the night.

      Just now getting the chance to digest the IPAA presentation and though there's not a lot of new info there the message is clear. There is urgency and a new level of cooperation all the way around the table. Constant discussions are being had with Mr Duma and other Ministers and they are now moving in sinc. I like the statement that the government has the urgency to develop resource projects due to the projected budget shortfalls and the fact that IOC has applied for and received positive feedback from DPE to alter development plans for PPLs 236 and 238 due to the above expected results at both Tri and Ant 3. That can't be underestimated. Sounds like 236 drilling may be delayed with permission to get 237 and Gulf LNG developed. And more than once the importance of getting Gulf LNG moving quickly is mentioned.

      Shorts must being seeing danger at this point.... it's right in their faces!!!!

      Sentiment: Strong Buy

    • Seems like another imposter jumped in!!! Maybe Erock or one of his lame clowns. Hadn't looked at YAZOOOO in quite some time. Wll be nice to smell the scent of burnt bacon from you shorts in only days :) be well chumps!!!!

49.75-0.01(-0.02%)Oct 21 4:02 PMEDT