here we go!, page-23

From memeory..in 2006 arrow were awarded 3 of the top 10 Indian blocks on offer and I believe this is because they were partnered with GAIL. A government owned body.

They also locked in some quality Chinese CBM blocks but this is all still at a very early stage. Maybe Shell/Petrochina are making their move now because if the international arm took off similar to the Australian half of the business then they would have to pay up a lot more cash. Pretty clever on their behalf. They are going to get us cheap. I sure hope one of the other majors jumps in and makes us a better offer.