OSH is supposed to be the PNG oil and gas owner, I think - they are a bunch of schmucks if they can't be in charge of TcF's that are popping up all over the place. Everything OSH misses (Elk/Antelope, PRL 21 and hopefully PRL 38) is actually a big stuff up on their part in the context of OSH supposedly being the resource provider to the global LNG plant provider Exxon Mobil.
Maybe they will rectify by picking up Repsol/Talisman assets - seems like a no-brainer.
OSH has been lazy to date in terms of TcF additions. They are a crap company in terms of achieving anything apart from providing some resources into PNG LNG - they have failed so far in providing enough for PNG LNG expansions.
OSH has done a good job on the fist LNG project, but they are muppets on the expansion T3-T4. There is a very disaggregated asset base - fail if you are supposed to have the assets. If Pandora has any integrity it will be snapped up - the longer it doesn't happen the more it is apparent CMT has taken a dog. 6 months to be owned by OSH, if not, we have been tricked
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