Leo & Matt : The Australian, page-3

Those non binding indicative offers r mentioned in Appendix E & F of the Lonergan Report.

Once there's a 'Binding' offer, only then do u get companies drumming about that, to get their SP kicking north (eg HZN-ROC-Fosun soap opera or the Warrnambool Cheese tug of war).

Tax losses carried fwd by NXS till Dec13 in that report (pg-31) were $163mil & PRRT credits of $516.3mil.

As for Cooper Energy, their interest in the Bass Straits is understandable, as they have a 2C stranded gas resource at Gummy field of about 119 PJ which they could have perhaps tied into Longtom via a pipeline after their recent abandonment of Basker-Manta oilfields. Hibiscus on the other hand r involved with 3D Oil, who also have acreage in the Bass.

Screenshot from Appendix F below.