"In energy, WA-based oil & gas behemoth Woodside Petroleum is tipped as the favourite to snap up Apache Energy’s 13 per cent stake in Wheatstone LNG. According to the AFR, Woodside is leading a field of suitors that includes Petronas, Santos and PetroChina for the $2.4bn asset."
Then there is The Seven Group (Kerry Stokes) and Fortescue Metals
"Santos is a joint venture partner with Apache across a number of the assets, and could opt to wait to exercise its pre-emptive rights over those fields in the event of individual asset sales. BHP Billiton has the option to employ a similar strategy regarding its joint venture with Apache at the Macedon gasfield. The collection of local assets, which generate about $740m a year in cash flow, could be of interest to both Woodside and Origin given their existing presences in WA".
