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We've got Exxon Mobil (USA), now Total (France) and Repsol...

  1. basilbrush8
    137 Posts.
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    02/03/15
    11:20
    Post #: 14843207
    We've got Exxon Mobil (USA), now Total (France) and Repsol (Spain)?

    http://www.smh.com.au/business/repsol-launches-into-png-20141217-128r2c.html

    Once national pride kicks in it's hard to stop these guys planting their flags all over PNG, and good for them. I think it's possible now that total are in, Repsol will be wanting to get in there properly as well when they assume control of the PNG assets a bit later in the year.
    BDM Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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