It was up to IMP to elect to have the announcement as price...

It was up to IMP to elect to have the announcement as price sensitive or not but yes a very important and good deal for IMP.
But now they have to prove that they can make good money from operating the remaining acreage and not have HO admin costs and interest gobble it all up and maybe they have to control their passion to acquire,acquire,acquire - highly leveraged oil and gas plays rarely work as you're constantly spending money on exploration to maintain production due to naturally declining gas flows and at the same time trying to pay off the debt.
But highly promising now if those reserve figures are to be believed.
Management must have good skills if Macquarie are willing to lend them so much money.
A very good play on the US gas price.