Looking at the shale gas deals going on:
- Mitsuibishi on BRU in Canning Basin
- Hess Corp & Falcon Oil Gas in Georgina Basin NT
- CNOOC on EXE in the Galilee Basin
- BPT expanded Cooper Basin presence and looking for partners
- BG Group on DLS in the Cooper
- SXY looking for partners in Cooper
Despite ADE's low cash level, I think its looking good and more deals expected after resource booking.