Shareholders Unite

InterOil vs. OilSearch: LNG Projects on Papua New Guinea

Well, you have a point, Hansa. However, these Australian coal seam projects are much more expensive (as the wells have to be treated before they flow and thousands have to be drilled), and OilSearch is already producing oil and gas. InterOil might very well start to produce gas liquids, or even oil, which combined with their refinery could turn out into a real money spinner.

InterOil Offers Misleading Information About Questionable Employees to Investors

In all our writings about InterOil, which we "hype" (according to you, without substantiating..), that's all you could come up with? And how should we have known Mr. Casserta has a current email address at IOC, and why does that matter so much anyway, if at all?

Is InterOil Selling Investors Hope?

To put this laughable attempt in perspective:

seekingalpha.com/artic...

InterOil Resists an Orchestrated PR Attack

Sam,
1) Was there anything in the article that is not correct?
2) I post a selection of message board post with the highest ratings. I think Den used a metaphor there, I do not support, or even condone violence.
3) You made the reason why I prefer to stay anonymous abundantly clear yourself here (For those not in the know, I'm "STPIOC"):
messages.finance.yahoo...

InterOil Resists an Orchestrated PR Attack

Michael, actually the difference between resources and reserves was explained IN the article. Did you actually read it? That might help the next time you comment on an article.

Timco, we don't know (never heard of John Thomas), but if so, his clients must be quite satisfied by now..

InterOil Resists an Orchestrated PR Attack

The fact that you use the argument "zero reserves" shows crystal clear what your intentions are. They have a resource, third party vetted as 3.4Tcf (plus condensates) and that was before all the best data of Antelope1 became available. The only reason it's not called reserves is because they are not (yet) producing from it. Of course you know that, and it's the same tired argument these clowns use as well (for lack of any better).

But just in case you didn't know, here is the difference explained:
shareholdersunite.com/.../

Natural Gas Is Heading to 1997 Levels, Should Stay There Awhile

For info on the company behind that giant discovery in Papua New Guinea, see:

seekingalpha.com/artic...
shareholdersunite.com/.../

InterOil: Introducing the Biggest Natural Gas Well in the World

All that shale gas is quite expensive, most of it cannot even be produced at a profit at today's US prices (they need $6-8 per Mcf), and export capabilities are VERY limited:
www.bloomberg.com/apps...

InterOil: Introducing the Biggest Natural Gas Well in the World

Were is that formal assessment you promised after an earlier article, Alan? More importantly, you never answered questions regarding to why and how (considering you're limited access to data) you would do that, and who would pay you for your time.

If you don't want to comment, then don't, but don't give us this bs, again..

InterOil: Introducing the Biggest Natural Gas Well in the World

US market has little to do with Asia, prices are MUCH higher there and haven't fallen by nearly as much.
That 25% supply increase this year, you got a source for that? Don't you mean over the next four years? Before the crisis, demand for nat gas was rising at 7.5% a year and construction of LNG import terminals is outstripping supply.
"Beyond 2009, the outlook over the next decade and a half appears to be of an increasingly tight global LNG market," Bernstein said, according to Reuters.
www.lloydslist.com/ll/...;jsessionid=38329B0D53...

InterOil: Introducing the Biggest Natural Gas Well in the World

The design is already done. The rest of cost advantages are described above, like InterOil needs less than half the pipeline compared to the Exxon project and they have one resource in the lowlands, versus multiple resources in the highlands, etc. etc. see map on the link:
messages.finance.yahoo...

Panic Selling in InterOil: What Now?

Click the link. It will show you data from buyins.net. They get their data directly from the SEC. It shows millions of undelivered shares. IOC is also 530 consecutive trading days on the reg.SHO list. (also see the same website). IOC has it's DST test performed by outside parties. They have two wells flowing at 100+Mmcf/d. That is already enough to supply 40% of the proposed LNG project. With just two wells. Compare that to coal seam gas projects in Australia, where they have to drill, treat (the gas doesn't flow by itself), and man thousands, even up to 20.000, as in the case of Conoco/Origin wells). And why were these shorts covering, you think? Covering in this kind of market??

41 Stocks Returning 10% or More Last Week

InterOil found two very big natural gas resources in Asia (where LNG trades at a huge premium) plus they might very well have ability for a liquids stripping plant and their refinery has turned around. Half the float is short, but the case for shorting seems weaker by the week (we might get a push from the new SEC rules as well). The upside is still very large as the gas has not been priced in and they have many more drilling prospects.

We follow it almost on a daily basis at shareholdersunite.com where you can also find many background articles.

InterOil: Uncertainty Fading

Well, Paul, it's a little bit of an exaggeration of our position, but:

1) The three analyst covering it are all bullish to very bullish (Raymond James ($65), Nataxis Bleichroeder ($45) and Monness Crespi Hardt & Co. Inc (no price target, but you should read their reports...)
2) IOC has been on the regSHO list for almost 500 consecutive days, clearly this is not your garden variety delivery problem..
3) What do you think would happen to the stock price if 11M shares had to cover (it's roughly half the float)? Add to that a little extra squeeze from other funds and traders jumping on the bandwagon... That's all I argued. Covering is very expensive. Until all doubt is removed, they hang on.
4) They have two big gas/liquids finds in less than 2 years, even if not enough for LNG facility (which doesn't look the case anyway), there is another one in the making on PNG and a liquids stripping plant is a lot cheaper and faster to build..
5) The refinery is now profitable (at just over half capacity, show me another one that does this), the balance sheet cleaned up, there might be a downside, but it can't be a whole lot.

Instant Gratification with InterOil Corporation?

There is no Elk3.
Yes, Elk1 was extendedly tested
Yes, there is matrix porosity in Elk4
and Elk2 already destroyed any lingering notions of a fault line argument


On Jul 17 06:35 PM Balus wrote:

> Interesting to see you guys discussing IOC here w.r.t its activities
> in PNG. I for one am more into proving what you have in the ground
> before progressing to infrastructure development...or should I say;
> its the old rule. Prove what you have before you think any further.

>
>
> Trouble with me is this: to say the least, what IOC has found in
> Elk 1 & Elk 4 (not discovered...for discovery is a technical term
> reserved for proven reserves) are either fracture gas with stressed
> pressure that gave elevated test results...ofcourse some technical
> questions to ask would be...what about regional formation pressure
> with neighbouring wells in the area, or have they proven by extended
> periods, or have they prove its not fractured and not stressed. I
> understand that Elk 2 and Elk 3 results did not yield similar results
> but they were drilled on the same sturcture...Elk/Antelo... So why
> did they not intersect the same superb reservoir??
>
> IOC has alot of explanations to do...but that I shall leave it to
> those who want to buy IOC stock to ponder. I just would be very careful...and
> sell when I Have to.