gas deals happening everywhere

forkers, have been amazed at the big deals this year in the natural gas or csg fields.
Arrow energy are going to be aquired by Shell/Petrochina JV and today Icon Energy announce they have signed an MOU with Sinogas Group for $32 billion over 20 years.

closer to our neck of the woods, Exxon Mobil Group has made there intentions be known they wish to invest $28.5 billion in gas plays in the near future and Total SA bought a 25% interest in Chesapeakes Barnett Shale portfolio in Texas for $800 million.

these are heavy hitters, the top end of the market and are paying big dollars to position themselves for the future.
does anyone see RFE as a potential target in the future, know i do, continue getting more wells on line with the infrastructure in place and perhaps increase our reserves and imho it is only a matter of time.


on another note, those damn bots, 118 trades today at an average parcel of 1233 shares, this includes the 20k i bought at 75c. when will this end, read a post by iam on algorithmic trading thread tonight, reckon the same thing is happening to RFE as he described on MEO.
Bot is working the price down to 71-75c range while picking up extra shares, then turns the bot around the other way, forces price back up to 80-85c range while selling off shares, once this is completed cycle begins again to force price down, i dont know why they bother, RFE is illiquid at the best of times, but once a BOT arrives, any potential traders run for the hills, leaving frustrated long term holders in there wake.

i look forward to the day when RFE can trade on its own merits.


GO RFE