That's a distinct possibility. It is a change .. DK has barely ever mentioned ESG or STO's beneficial interest before now. Its actually a stretch to say they have 47% of the "ESG footprint" because they are not in the PELs 6, 427 and 428 JV which is substantial in terms of size (even if 'less advanced") and thus they only have a beneficial interest in 20.97% of ESG's interets in those leases. This was deliberately done by ESG for strategic reasons .. which may become apparent before too long particularly if gas is to flow north.
H
ESG Price at posting:
73.0¢ Sentiment: LT Buy Disclosure: Held