re: Ann: PES: Pure Recommends BG Group Takeov... heh, maybe abit childish
Just add this -
'Arrow Positioned for Growth'
-And then they sold 30% of their tenements.
I take growth to mean - reserves, potential reserves.
So at the end of the day they 'want' more acreage reserves.
-honestly BOW is nice... but its no PES.WCL?... great land but 50% JV with BG.
they dont want money from PES, they want growth.
And i guess if you're a short-term AOE holder you wouldnt want them to take out PES, but for the long-term having PES would be great. even at $10.
I'm thinking a JV between Shell and AOE for PES, 50%/50%.
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