I believe LNG export will be lifted for Onshore producers under...

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_ebit

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19/11/23

07:51

Post #: 70981612
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Originally posted by _ebit: ↑

Hi Red
I believe what we will see is that parties will take positions in TPD and will roll into STX on completion of the SOA.
Thats when we will see a play for STX be tabled.
TPD is non operator in all its plays bar Condor.
Walyering while a producer is too small for the big guys @45% and smaller on the rest bar Condor.
Once TPD & STX become one that all changes in a big way it will give suitors the biggest on shore footprint in the PB with production on serveral fronts as operator.
All the boxes would be ticked for possible LNG exemption.
I believe there are three likely players

#1 Hancock outright for her iron ore billet/pellet play and its own massive energy consumption else where + LNG export.

#2 Then we have BPT/MITS local & lng export and adding to reseves

#3 FMG will require plenty of energy for its operations with hydrogen still a fair way off also FMG obviously would qualify for LNG export if bans are lifted.
_ebit

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I believe LNG export will be lifted for Onshore producers under the same rules for offshore producers.
criteria of ticking all the pre requisite boxes will be the approval process.
I see STX,MIN,FMG,WDS,STO & Gina all qualified or qualifying.
Jockeying for positions & M&A is happening
Ive posted a few times now dont sell out too early.
_ebit

TPD Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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