expecting some cbm news, page-22

10MC Posted this on ROG,

Worth taking notice of, and certainly points to a bright future for our sector.

We simply need to "prove our resources" and the quality and quantity of same and the on the assumption we have "the goods" all will be well

CB

From pg 19 of metgasco's report


Growth in Asian LNG demand has led to a land grab for Australian
unconventional assets

 Feb 2008 BG Farms into QGC ($815 million)
 May 2008 Petronas farms into Santos to develop LNG ($2.6 billion) Petronas
aquires 40% interest in integrated LNG project
 Sept 2008 - Conoco Phillips farms into Origin ($9.5 billion)
acquires 50% of CSG to LNG JV
The EXport Factor - once in a generation structural
change in the Australian gas sector - $24 billion in
acquisitions in past 2 years
19
 July 2008 Shell farms into Arrow ($609 million)
30% interest in LNG project
 Aug 2008 QGC acquires Sunshine Gas ($812 million)
 Oct 2008 BG acquires QGC ($5.2 billion)
 Dec 2008 AGL acquires Gloucester assets from MPO/AJL ($370 million)
 Dec 2008 AGL acquires Sydney Gas ($171 million)
 Feb 2009 BG acquisition of Pure Energy ($796 million)
 Mar 2010 Shell and PetroChina bid for Arrow Energy ($3.3 billion)