The situations are vastly different:-NWE only had an interest in...

The situations are vastly different:-
NWE only had an interest in one permit in the PB and no other assets
MIN was a JVP with NWE in that permit. MIN had 80% of the permit and was the operator and NWE had a 20% interest
MIN also held a 20% interest in NWE which provided a strong basis for its T/O bid
The NWE BOD sold out on its share holders

By contrast, TEG has interests in PB, UK and is looking at ASIA
TEG has a 50% interest and operator of PB permit and MIN has no interest in that permit
MIN does not currently have a substantial interest [more than 5%] in TEG

IMHO TEG will not be the easy prey like NWE was and CE / MIN will need to make a substantial cash offer if it wants to T/O TEG
I for one am not interested in MIN shares for TEG
AIMHO & DYOR