A good read from the OSH "Asian Roadshow". Interesting to see in the slides about OSH extracting value in its Gas Growth Strategy by increasing equity in existing licences and actually has in brackets (e.g. Kimu) - I have copied slides below.
I wouldn't be surprised if MOS farmouts some of its 28% equity of Kimu back to OSH for some further cash. OSH has plenty of cash.
Your thoughts??
****************************************** Gas Growth Strategy Build gas resource base for: LNG expansion, or: Alternative, complementary and possibly accelerated gas development (ongoing discussions with buyers for petrochemicals) By: Prudently exploring and appraising in existing licences. Increasing Oil Search equity in some existing licences Potential farm-ins to high graded quality acreage Maintaining appropriate momentum on alternative gas commercialisation options
