At these prices OSH is a target. Japanese oil and gas industry representatives have just spent a number of days in PNG. Santos bid $2.00 Orogen ,can now potentially buy OSH complete with Orogen and its mineral assetts for a lot less. A severe market reaction to a loss of one potential supply contract . I believe there are a number of options for PNG gas and this setback will not stop these oil and gas majors.
OSH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
