On the value of Arrows 2P reserves alone its a joke
Shell and PetroChina now offering 94c a GJ for Arrows 2P Reserves
Shell paid $2.72 a GJ when it bought 30% of Arrow
While the industry average is $2.58 a GJ
Other Queensland csg buys have been in the high $3.00 range
Maybe theyre counting on wearing us all down with finance; gluts & rumours.
