Thanks Noellyn for your reply; sorry I didn't respond sooner as I was away from the computer all day yesterday. The cash flow point makes sense. I suspect Santos may be in the mix for the Aussie assets (could be a QGC replay when STO had a low ball go at them but missed out with QGC-AGL link up).
I just hope that this new oil play is not another SA scenario where they trumpet big potential but declare later that things aren't as rosey as they thought.
Cheers CD
MPO Price at posting:
$1.09 Sentiment: LT Buy Disclosure: Held