FYI ONLY - because of earlier comments re Levithian gas discovery.
SMH today
Cashed-up BHP ready to splurge
"...Sift through the 20 or so US independent E&P companies that make it on to BHP's potential acquisition list and two names other than Anadarko stand out - Noble Energy and Cobalt International Energy.
Noble is a $US15 billion company and operator of the big Leviathan gas discovery off Israel, which is ranked as one of the world's biggest discoveries in recent years. But more to the point is its forecast $US1.6 billion in free cashflow by 2015 from new developments, including the expansion of its Gulf presence...."
and the wheel keeps on turning....
cheers
ESG Price at posting:
80.5¢ Sentiment: None Disclosure: Held
