riddle me this, page-9

I just bought into STU this morning but have been a long time holder of VPE -> SXY so obviously I am in favour of the merger.

If you are a medium to long term holder, the future is bright if you believe the merger will happen and the merged company will do as good or a better job of growing the company than STU

The merged company will an advantage over the current STU of:
1. more drilling activity - SXY are currently drilling in Queensland with STO and starting their own operated multi-well campaign in SA shortly.
2. new reserves to produce and appraise - 13.2 mmbbls of 3P on Growler/Snatcher announced by SXY - and look alike features nearby
3. established and developing CBM resources under an experienced Brisbane management team.
4. a virtual doubling of exploration acreage with little overlap in the current companies.

STU of course has reserves, gas/oil shale possibilities and more to add into the pot.

The danger to me as a new STU shareholder is that the merger does not take place and the market sends the value back to ~.6

But the Cooper/Eromanga is slowly returning to normal with STO, BPT and now SXY starting drilling campaigns. If SXY continue with its run of good oil/CBM results of the past few years, current STU holders will look back fondly on the merger and beyond.