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Oil Search to reap PNG LNG cash flows as project deemed complete

2015-02-06 09:59:58| Oil & Gas - Topix.net

Oil Search is set to enjoy a bounty of more than $US800 million to redirect toward LNG expansion after the $US19 billion Papua New Guinea liquefied natural gas project was deemed financially "complete" for its lenders. Some $US700 million of the total is Oil Search's first share of cash flows from the project since it began production eight months ago while the rest is the funds held in escrow to satisfy the company's lenders that will now be released.

Tags: search complete project cash

Oil Search to reap PNG LNG cash flows as project deemed complete

2015-02-06 08:38:10| Energy - Topix.net

Tags: search complete project cash

Amazon Headquarters Evacuated Due to Threatening Note, Threat Not Deemed Credible

2014-12-16 06:16:41| IT Services - Topix.net

Amazon.com's headquarters in Seattle was evacuated on Monday morning as police investigated a threatening letter found on campus." Out of an abundance of caution,"... -- Police have confirmed that in addition to the attacker who took control of a chocolate shop in downtown Sydney, two others were killed during the siege.Of the 17 t... Imagine that a simple photo of your wheat, with just a few bits of additional information, can accurately predict future yield.

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