Wouldn't discount STO even though they are the walking wounded....

Wouldn't discount STO even though they are the walking wounded. They need sources of gas and DLS is a cheaper option than more CSG and all it's associated issues. Stock deal from them.

Then there is AGL, who is reviewing it's upstream strategy and is under new management. They need sources of gas for a ready, stable and high margin retail business. Lots of cash and an excellent credit rating.

Yep, music to my ears; bidding war. SGH / BPT will not have a walk up acquisition of DLS. They have blocking stakes but that's it. AGL and STO have bigger leverage/balance sheets.