i do think that AGL and/or STO will want to wrap up a deal sooner rather than later.
Given prices being paid, and NSW CSM sector beginning to get attention, you would think a move may be made efore prices and reserves really take off.
I think by end of 1st quarter 2009 we will see something on the table. Not to mention that HGO may want to cash in on their investment.
Here is another thing......I wonder whether esg/agl/sto may in fact also look at the gastar interest and look to buy it out. maybe not esg given the cash is there for drilling (unless they issue scrip) however, agl/sto may look at it all in one go.
just a thought
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