Perhaps, but I'm sceptical. BPT is in the same situation with far far bigger STO and STO never took em over.
I for one prefer STX doesn't get taken over for a few years, and if they were preyed on by someone, I would prefer STO took em over instead of BPT. They have far better infrastructure and access, influence, ability to set/influence/assert market prices etc. They basically own Moomba, they have access to Asia through their own GLNG; and soon the largest O&G conventional fields discovered in the last 30 yrs with their Dorado fields in WA. If the CB proves up most of that 12Tcf, then it would put them on a great position for both east and west domestically and ability to leverage exports through their own GLNG train for hedging.
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