Ann: AOE Increased Unconditional Offer for Pure E, page-22

re: Ann: PES: AOE Increased Unconditional Off... Also agree with you entropy. I dont think BG will let PES go so easily. Its going to be an interesting day tomorrow. With the cash Arrow gain from the PES sale if they dont decide to pursue PES they could really get stuck into their own grounds and certify larger gas reserves.

Maybe thats the path to take?

"Arrow has equity interest in more than 90,000 km2 of coal seam gas exploration tenements close to Queensland’s three key markets – Townsville, Gladstone, and Brisbane. To date, only five percent of this land has been explored. As Australia’s largest coal seam gas acreage holder, the company is now driving growth by investing in downstream projects, export liquefied natural gas (LNG) opportunities and international markets to secure higher margin sales."