Ann: REID'S DOME DRILLING PROGRAM AND ANALYSIS OUTCOMES, page-20

If GAS has more than one interested party (they do according to the ann) then any bid will be only the first. Just hang on and wait as the price will be underpinned anyway.


Santos qrty record and strategy moving forward/ recently out.
The key here is resource replacement for the big guys and GAS has plenty up the road.

“Our cash generative asset portfolio set new records for quarterly andannual sales revenues, notwithstanding the divestment of our non-core Asianassets during the year, while our low cost and disciplined operatingmodel enabled more investment in exploration and appraisal to improve ongoingorganic resource and reserve replacement.”

“In 2019, we willfocus on our disciplined growth portfolio, including PNG LNG expansion,