dart energy seeking more assets in australia

Interesting article in today’s AFR – read extract below and see if you think STX is going to be on someone’s radar sooner rather than later, particularly if you take it in the context of the Minelife report and it’s view on the relative value of STX..
----------------------------------

Gas explorer and developer Dart Energy is looking to acquire additional shale gas and unconventional gas assets within Australia in a bid to broaden its domestic portfolio of greenfield energy projects.

“We want to deepen the portfolio and create some blue sky opportunities,” Dart’s chief executive of Australian operations Robbert de Weijer said. “In coming years coal seam gas is very cheap but shale gas is the next step for Australia.”

Mr de Weijer, who was in Brisbane yesterday speaking to investors ahead of a Singapore listing, said the company would look to target smaller gas companies which had significant acreage but lacked the technical skills to successfully develop their projects.