NXS 0.00% 15.5¢ next science limited

pttep to take stake in crux / prelude ?

  1. 3,849 Posts.
    "one source close to the talks pointed to the potential benefits of the other options now being considered to develop Crux gas.

    Those include potential earlier cash flows from Crux and a possible second FLNG project in the Browse Basin that would open up a pathway to develop other stranded fields in the area.

    Neither Prelude nor Crux on their own has enough gas for an FLNG project. But other undeveloped fields such as PTTEP’s Cash and Maple fields lie nearby, as do some Nexus exploration prospects.

    PTTEP, which had been planning its own FLNG project at Cash-Maple, said this month it could look at processing gas at another company’s LNG project instead."

    http://afr.com/p/markets/market_wrap/partners_consider_more_crux_gas

    THAT would likely add value to the 17% stake.

 
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