BHP competing "vigorously" for the south midland permian shale play in texas.
http://www.fool.com.au/2013/07/09/bhp-competing-vigorously-for-texas-oil/
BHP previously paid $15B for petrohawk shale assets.
I would love a Linc & BHP JV for Arckaringa Shale development and metallurgical coal with Crinim, Gregory and Teresa rolled up to take advantage of BMA infrastructure and Teresa resource.