shell makes $3billion approach for arrow, page-13

Chris,

I agree with you fully about AOE bumping up more reserves as possible in order to increase the share price value. AND IMHO, THEY WILL SUCCEED.

In the meantime Shell will liks it's wounds and wait for the Board to make another decision. More time wasting.

As for AOE signing up a contract with Shell for supplying CSG to their LNG plant, I wouldn't be so sure as yet.

AOE has made it clear that they will supply LNG Ltd's plant first and foremost, then supply Electricity generations, and they haven't committed anything to Shell as yet.

That is a bit of a snub for Shell I believe, in repayment of what they did during the PES takeover. After all Shell left AOE in the gutter, and accepted BG's offer first. AOE then had to capitulate, and sell too.

As for me selling my holdings, I will not. And I truly hope that AOE will remain an independent operator.

Good luck,

Buddy