Ann: ACCC will not oppose acquisition of APA, page-46

"Have you heard about the east coast gas shortages?"

I see, so you don't want to stump up your hard-earned to fund the exploration and development of natural gas in Australia but you want to greedily steal it from us risk-taking investors who've invested all the way along the developmental processes from the exploring energy companies to the gas-plant and gas-pipeline companies; we who are the ones building, operating and maintaining this crucial infrastructure which you now boldly claim as yours as a taxpayer along with the natural gas fields we investors have funded the discovery of along the way!

If you knew where all the gas was why didn't you put your money into developing it since you're now claiming it as yours?

Or perhaps as a taxpayer you'll feel obliged to allow the gas/oil explorers to offset drilling costs and abandonment expenses for the duster wells [the non-producing wells] we've drilled without taxpayer support, against revenue from the discovery wells we've developed?

Have you heard about what APA, in conjunction with Aussie gas producers, is currently doing with our capital; the capital that we stumped up earlier this year in the APA capital raising, Rights Issue?

If not, then can I suggest you read thoroughly all this years ASX announcements for APA and some of our JV partners like COE and AGL etc. which involve Australia-wide projects, for example, the two COE Victorian gas field development wells and offshore and onshore gas pipelines and other infrastructure in the form of gas processing plants and the proposed Westernport natural gas import project.

Perhaps instead of labelling us as greedy, you may feel the urge to invest your savings in such an exciting capital-expenditure-intensive, vital industry instead of knocking those of us who've risked our money to fund the growth and development of these gas resources discovered through CAPEX provided by Australian and overseas investors.