Any buyout now,would probably a low ball offer IMHO.
With Apache thinking of quitting WA and Australia in total,there are interesting times ahead.
I read cue's latest quarterly and their still actively looking for an Onshore permit farmin,together with a producing asset-sic possible Apache buyout of one or more of its interests.
Lets face it,theres only two choices East or West Coast. Apache ramps up presence in Canning Basin
Id like to think we drill a couple of wells to prove up the resource before we sell the farm,that said given the consistent and petulant nature of some of supposed-ed SHrs posts ( to what end I ask),maybe its better to take a small profit,and not have to concern oneself with said posters continual bitching anymore.
Raider
In the land of the blind,the on eyed man is king.
OBL Price at posting:
0.8¢ Sentiment: None Disclosure: Held