when will shell make a move

Hi all,

I have been reading the articles over the last few days with talks of "consolidation". I have quoted some of these comments below.

"ROYAL Dutch Shell, which has the least-established of Gladstone's four planned multi-billion-dollar gas export plants, has signalled it is keen to take part in consolidation of the region's gas resources."

Firstly..Shell would have to have a large resource of their own and I dont believe the 30% holding of Arrows tenements is enough..they would have to be looking at taking out Arrow first.

"Speaking after a lunch in Melbourne yesterday, Shell Australia chairman Russell Caplan acknowledged the company would have to step up its presence in the region if it was to stay in the race to turn coal seam gas into liquefied natural gas.

"The way I see it, it's unlikely that developments will occur in a fragmented fashion," Mr Caplan said.

"You will ultimately need to have a world-scale resource moving to a world-scale plant -- If you don't start that way then something will ultimately have to happen to get us there."

Shell has a site to build a multi-train LNG plant on Curtis Island off the coast of Gladstone but is well behind rivals BG Group, Origin and Santos when it comes to reserves."

Alright guys..obviously Arrow are going to have planned resource upgrades this year..their current resource is growing rapidly. They have only drilled out a very small portion of land holdings. I believe the movements in Arrow of late are looking like a takeover is being "predicted" by many investors. I just hope Shell dont get us cheap. I have always believed Arrow can be an amazing company if left to stand alone but I never believed this was going to happen.