OIP orion petroleum limited

oip could be a takeover target dow jones

  1. 16,425 Posts.
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    The Dow Jones item (which has been posted on teh ESG and STO forums) says the CSG focus is turning to NSW and STO and AOE have already bought acreage and consolidation is very likely. OIP is mentioned along with other small players as being likley "to become takeover fodder if they prove up enough reserves).

    Bring on the PEL 6 drilling (2 and possible 3 coreholes)! Takeover by ESG perhaps or a purchase of CSG rights more likley.

    H
 
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