Haven't looked at turnover today. Meet with JdS at recent Sydney conference. They are in no hurry to contract their export gas. They want to get much better handle on costs first.
I suspect they want prices to firm further due to NAME troubles and increased focus on LNG after the Japanese nuclera problems.
Hopefully drying out of their tenements will see the drill bit turning soon. 2P is key to a big deal.
If someone offers say $1.50 now for BOW, it will just be the first salvo. Doubt that control will change hands for less than $2 +.
BOW Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
