"We believe Santos and Origin are the most at risk as we see their Gladstone LNG and Australia Pacific LNG projects as losers from a [resource super profits tax],'' Mr Hirjee said. ''Arrow Energy is also highly exposed to the CSG sector but remains under a takeover bid from Shell/PetroChina. With a 14-month consultation process prior to a possible July 1, 2012, implementation date, the CSG to LNG sector will face further short-term uncertainty.''
The Queensland Govt has been shouting up the big deals coming to State from the CSG Sector... Wonder if they'll make any comment?
AOE Price at posting:
$4.91 Sentiment: Hold Disclosure: Held
