PES presntation from the oil conference out now. Looks to be...

PES presntation from the oil conference out now. Looks to be some pretty exciting times ahead for this stock.

Lets say that PES hit all their targets over the next 12 months with respect to reserve certification and commence development of some of their prospect applications and current prospects such as (Duaringa basin and Dalmayne/Fingal). If you make a comparison to Sunshine Gas' development path, you would expect the market cap to shoot for around the +$800m mark. Which is a cool 4-5 times the current share price. Not a bad potential investment.

I wouldnt mind hearing a little more on where they expect to be heading with their business development. I think there is a lot of info out there on what the have and could have, but not what they are going to do with it?

Are they just going to sell out to Arrow after they have explored everything?