lng boom , page-6

Hardmano,

That is what I have been thinking as one of the possible scenario's. If any suitor would not require the official reserve results before acting, it is Santos.
So the speculation on the Santos takeover (and therefore price increase) could very well assist them to act this way.
They only need a little reason as why they are moving on ESG as they denied having any plans so far.

In this scenario, they can easily say, that they could not let it go to others, as their higher share price have made ESG a bargain.
IMHO the NSW fields will be quickly picked up by the majors, as soon as one substantial deal is done.