good thoughts, thanks. On reading the KPL qtrly today, i picked...

good thoughts, thanks. On reading the KPL qtrly today, i picked up their comments on the Talisman takeover and how companies would be well-placed to pick up that 25% and operatorship. So another scenario could be KPL, with PIE cash, could end up 50% and operator, and work closely with their old buddies CMT to get the thing going...

i like your OSH idea better though. At least there is enough gas in a Gulf LNG hub. The distance to Pasca and Flinders is well noted.

I felt very positive about both KPL and CMT today. I could see KPL taking out CMT, but i'd prefer other transactions that see CMT stay in the action and re rated accordingly. Can't beat the capital structure!