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Acecant,

BOW went from 97c to $1.25 on 8/3/10 on the strength of a 60% reserves upgrade and the AOE announcement.

Im not wanting to rain on the ESG Parade but as a few posters have obsereved some good ESG news would have made things even more exciting for the ESG share price (see for example BOW v ESG chart on the link below).

https://chart.bigcharts.com/custom/andrewwest-au/chart.asp?symb=BOW&time=1mo&ma=aaaaa:0&maval=&freq=1dy&type=2&uf=4096&lf=1&comp=esg&compidx=&startdate=2/20/2010&enddate=3/21/2010&size=1&style=856

As to the AOE t/over, page 15 of todays Fin Review quotes RBS Morgan analyst Nik Burns "Everything we have seen that has come out from the companies to date suggests there is a deal to be done here. Its just about finding common ground on the price." The article also claims Shell and PetroChina have visited Canberra to promote the union

Imagine the additional impact some good ESG news would have on SP next week. Even without an ESG announcement things look very exciting.

CJCC