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.
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