Nothing to back my position up other than gut feel and:
1. Chandler buying IOC (because he can)
2. Chandler not buying EWC (because he can't)
3. Chandler not selling EWC (because he isn't)
4. Capital buying EWC (because they want to and they can)
5. IOC ann. that "InterOil and Pacific LNG will have the optionality to either independently develop a second LNG project in the Gulf Province that may also use gas from PRL 15 and potentially other discoveries, such as Triceratops, or pursue further development with ExxonMobil Papua New Guinea Ltd."
6. Separately confirmed by IOC that they are looking at no more than 60 days to negotiate with XOM. Why? Well, 30 days was before 30 June. 37 days would be too obvious. 45 days is not really meaningful. 60 days (maximum) is a common enough reference time and gives them 23 days "slack".
7. Blair Price suggesting EWC are still in.
8. EWC have an agreement with IOC that they both want sorted.
9. EWC in PNG fairly constantly for last month.
10.EW(c) or EW(I) sourcing domestic gas for PM power station but no word from EWC at this stage - "just" the govt. - ??? confidentiality agreements?
All adds up to 30 June in my opinion. Wouldn't it be nice if this is the one timeline we nail!?
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