Ann: Investor Roadshow Presentation, page-146

Great presentation and from a couple of years ago - they were mostly losing money before the poo collapse - trainwreck on the horizon for them and a heads up for any company with american comapny with shale exposure based here in Aus.

I'm now going to watch Chesapeake Energy as it seems to be the canary in the coal mine for the US shale plays ( NYSE - CHK ):
Chesapeake Energy Corporation Is the Latest Energy Giant to Hand Out Pink Slips

Chesapeake Energy Corporation cuts 15% of its workforce in another sign that the energy industry’s slide is continuing.


http://www.fool.com/investing/gener...-energy-corporation-is-the-latest-energy.aspx