new announcement, page-7

Gday Guys,

the exchange is a part of Shell focusing their strategy. The asset clearly did not fit into their wider strategy for development.

If DTE can afford the maintenance on the acreage then it is worthwhile holding. The value in it is liekly to increase as MEL advance their development efforts in their permit. MEL's drilling, field development, and pipeline would substantially add value to the permits based purely on nearology.

It is marginal acreage that requires substanital time and capital, not to mention social goodwill, in order to develop it.

If you were expecting a market reaction then you must be disappointed. I cannot see why the market would be concerned with such an announcement given the current strategic oppourtunities and challenges that DTE have on it's books. Right now, I am viewing it as a negative, but you need vision in this business as that is what leads to value.

Cheers,

SF