age article, page-9

From the AFR:

"...that might explain why there's little noise around Nexus Energy, other than that there are plenty of different balls in the air and a resolution should be finalised within a week.
Shell continues to be tipped as a logical aquirer - most likely of the corporate entity - although the preferrred outcome is said to be a partial sale of the crucial Crux project, in which Nexus owns 85%."

Goes on to mention BBY saying 35% stake could be wrth $US 220m etc. and that ROC would be a seller of all their stake.

Not speculated on is the likelihood the "contract re-negotiations" will likely have been forced on NXS due to the "change" in its position if debt/sale etc is done.
Not a problem you would think if Shell is the debt provider/aquirer. STO could be in here for a better deal on longtom too.

Cant see Ian flogging off Molly for a ridiculous price.