PES has some pretty big legs on it yet. Not so confident it is...

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