IMHO XOM deal will be announced soon- and all analysts will be able to reevaluate projected earnings/pps. Certainly this will be done/announced this month- Nov. 2013
Seems shortly thereafter, IOC will complete other deals- announce Gulf LNG partners/operator- thereby guaranteeing further resource monetization and equity/profit participation for Gulf LNG project. With O'Neill and other "pressure", the announcements will be done by mid-December, 2013. All suitors have seen the resources, and are drooling over prospects IMHO. The SM's and their experts aren't there to dance with the natives at cocktail parties. ITS THE RESOURCES.
THEN, IOC will be able to develop/drill, delineate, etc. on the remaining Millions of acres licensed- becoming the local PNG hero. Only then will a SM or combo of them want to offer a buyout. By then, pps could easily be $ 150.00 going into 2014 . If there are delays, it will only come from post-XOM deal negotiations.