re: Ann: PES: Pure Recommends BG Group Takeov... heh, maybe abit...

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  1. 65 Posts.
    re: Ann: PES: Pure Recommends BG Group Takeov... heh, maybe abit childish

    Just add this -

    'Arrow Positioned for Growth'
    -And then they sold 30% of their tenements.

    I take growth to mean - reserves, potential reserves.

    So at the end of the day they 'want' more acreage reserves.
    -honestly BOW is nice... but its no PES.WCL?... great land but 50% JV with BG.

    they dont want money from PES, they want growth.

    And i guess if you're a short-term AOE holder you wouldnt want them to take out PES, but for the long-term having PES would be great. even at $10.

    I'm thinking a JV between Shell and AOE for PES, 50%/50%.
 
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