what does you gut tell you?, page-14

RoiBoi,

I am not really expecting BG to bid, as I suspect they bought enough long term resource potential with PES and SHG, and are probably going just fine, converted what they need to 2P as fast as their plans require. Not sure the ACCC would stop BG though, STO and ORG effect domestic competition much more.

STO I suspect might want more gas, but then I see your problem with the ACCC as pretty acute for whatever STO tries to touch.

Shell/PTR really looks the most motivated buyer atm, out of existing players. To date many of the majors seem content with the deep waters off the West. These Eastern LNG plans are imho likely to be so much less complicated than those off the West, which generally have rivals within JVs, rather than just the rivalry between JVs we"ll have in Qld.

EL