Yep read the article, interesting bit on the consolidation. However the article seems to have a flaw.
Seems like the journo could have done some research.
'After its bid for Pure Energy, Arrow is the only large coal seam gas specialist left in Queensland'
Have a look at the reserves comparison for QGC vs AOE,
QGC: 1P-749PJ, 2P-3172PJ, 3P-8200PJ
AOE: 1P-183PJ, 2P-1395PJ, 3P-3939PJ
Diff: 1P-566PJ, 2P-1777PJ, 3P-4261PJ
As Micheal Caton from the Castle would have said, 'Tell them they'r dreaming'
There are still some little players left there albiet with more blocks in the coal belt of QLD, IMO QGC would have their eyes on them namely BUL & WCL.
Arrow's best chance would b BOW & ICN. I am not sure about BPT blocks being sold yet but that an option too.
cheers
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