page 16 of todays Australian Newspaper (ie DataRoom section) has a blurb on Cooper Basin players and possible M&A scenarios...similar to everything already said in the AFR...
Word from Texas is that PennV has bought Bigham1 from Cypress....this is unconfirmed as yet. Hopefuly correct because we are not going to see anything for the remaining JV acress, those leases will be left to expire without a single bidder now that oil has collapsed. One suspects that unless we can sell Bigham and/or Wolters we will not see another dime from our Eagle Ford adventures.
Pure spec!
HC
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