gas and oil from coal.feature stocks for 2009, page-7

PES has some pretty big legs on it yet. Not so confident it is going to retrace back to these levels for a little while yet. If they do, awesome as that would be a great chance to increase holdings. PES have a pretty good strategy.

I think people are concerned,uncessarily, that Arrow is still a higher risk as they have not banked cash from Shell deal.

I think the recent movements in CSG should have the Arrow/Shell alliance raising some eyebrows and thinking about where to next as BG looks to be snapping up most of the small players.

Arrow are farmed in 50% on ATP831. I havent seen any drilling results from the exploration wells Arrow put down in Aug/Sep. Has anyone?

cheers,

SF