A good read from the OSH "Asian Roadshow". Interesting to see in...

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??

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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

Forelands Hub
Forelands Hub
Kimu (0.85 tcf)
OSH @ 60.7%
Barikewa (0.72 tcf)
OSH @ 42.5%
Korobosea prospect
being drilled (0.5
tcf)
OSH @ 90%, POS
19%
Increase equity in
licences (eg Kimu)
Farm-in opportunities