bow and mpo in wake or org buying elsewhere, page-2

To be fair you cannot call the pangea purchase a lack of faith in the Bow permits. Pangea's permits were directly beside origin's Talinga field that they are rapidly developing now. Origin is unlikely imo to be chasing bows permits as it would mean developing a new province for them unlike QGC and Arrow who are developing permits right next door.

What it does signify is a continuation of the smaller players being bought out.

It is also interesting that "analysts" are saying there is going to be large delays in LNG developments yet Origin/ Connoco are saying it's full speed ahead and Oil Search have finally signed customers for their PNG LNG project after nearly waiting 10 years to develop. Hardly signs by the companies involved of a failing LNG market.

Nice to hear Wilson's have finally initiated coverage will be looking forward to seeing their price target being reached


cheers Icharus