hess vs bhp vs the rest, page-23

This shale game is much bigger than CSG and even the big multinationals needed t partner up on their developments.


BRU will probably be taken over soon enough. The SP is in a holding pattern until then IMO.


NSE has not yet crossed the risk threshold of confirming a discovery. Once it has, it won't take long before it too is taken out.

BRU and NSE should merge once NSE announce a discovery.

Spin off non-canning assets like Merlinleigh/Elixir into another company, farm down to abotu 15% of their total canning acreage.

It won't happen but it could be a viable defence strategy.