no deal on pes , page-15

Found an article on Bloomberg (from Feb) on AOE's interest in Beach's TW. Attached is a section of interest, below.

------------------------------------------------------------
'Strong Interest’

Arrow’s tenements, in which Shell holds a stake, hold enough resources to potentially feed between 10 million and 15 million tons a year, he said then.

The company has a “strong interest” in exercising a pre- emptive right to take Beach Petroleum Ltd.’s stake in the Tipton West coal seam gas venture, Scott said today. “We think it’s a good asset and certainly we’d be happy to do that,” he said.
------------------------------------------------------------

Here's the link to the complete article.