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ade takeover news by bpt, page-2

  1. 8,547 Posts.
    lightbulb Created with Sketch. 2813
    my guess is that it can only be a GOOD thing.

    because:
    - ADE was a plaything of Beach's anyway, and Beach was Operator of shale assets.
    - beach had its eye on ADE all along
    - it demonstrates Beach's intent on consolidation of the shale gas assets
    - it will indicate that Beach wants to operate 218 and 855 as the one resource
    - it says to me, that there will be much better intent by Beach to come to some "arrangement" to develop these TWO permits in a co-operative manner
    - IT MAKES SENSE
    - Beach's announcement that its a basin-centred play, to me means that all the different resources (shale, CSG, conventional) will be targetted in a co-ordinated way.

    PLEASE BEACH - COME AND MERGE WITH ICON!
    DEPENDING ON PRICE, I WOULD MUCH RATHER BE PART OF THE BEACH GROUP THAN ICON !!!
 
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