I also liked the fact that the 5th page of the 5 page profit...

I also liked the fact that the 5th page of the 5 page profit announcement contained the sentence "Cooper basin operations are expected to continue to be impacted through 2011 by wet weather".

Couple this with STO having 8.465 billion in the bank and a capital expenditure forecast for 2011 of 3 billion (2 billion for GLNG).

That's the best part of a 5.5 billion dollar war chest. GLNG will cost 4.8 billion, so if 2 billion is accounted for there, it leaves only 2.8 billion needed to fund the rest of GLNG (including blowouts). This leaves 2.7 billion (plus any profits) lying around with no home. That's not taking into account script offers or investment from GLNG partners.

While I'm going I charted STO against ESG post STO FID. My baseless gut says the proverbial is going to hit the blades soon. Very soon.