imo & forbes article on gas

IMO - MPO appears to be valued at or slightly below its nett cash backing - not sure what impact the Fin. Ytd Aussie depreciating $ is having due to the Aud$ & US$ mix of MPO cash reserves. Expect the lower Aud$ is offsetting some of the cash flow usage.

Noticed this article which may be of interest to HC members:

http://www.forbes.com/sites/davidblackmon/2013/07/05/texass-amazing-shale-oil-and-gas-abundance/