WELL I can not believe someone like Santo's didn't make a play while it was dirt cheap Bermuda and Shasta whats the point of keeping an eye on, the train has left the port. :)
Quote:
Originally Posted by
bermuda http://www.sharetrader.co.nz/images/...s/viewpost.gif
There is a rumour out that Arrow are having a look at Beach. Treat it as a rumour but keep your ears open.
Cheers
Nice rumour but...
Arrow & Beach had Tipton West in common until Arrow bought them out.
But Beach & Santos have announced large unconventional gas resources in the Cooper Basin.
I'd be thinking Santos might want Beach, if not, then theres plenty of gas that AOE/Shell would want.
I'm keeping an eye on BPT, to see what they intend doing with proving up there unconventional gas reserves. (see link below)
http://www.beachpetroleum.com.au/IRM...eName=Canadian energy group backs shale gas foray in Cooper Basin
The ~179mmbo in unconventional gas equates to around 45PJ from memory.