png to hand resources back to landowners, page-14

I think, after reading up on some of this, that it's going to scare investors off in the short and cause a headache for management in chasing up landowners.

It seems that the government will be a regulator instead of an "investor" in these projects and the full royalties will go straight to the land owners instead of the government (who will re-coup the funds through tax instead).

I can't see any major issues with it affecting the share price medium term.

This is good reading...

http://www.radioaustralia.net.au/pacbeat/stories/201108/s3297826.htm

And some others...

http://australianetworknews.com/stories/201108/3297791.htm?desktop

http://www.theaustralian.com.au/business/profit-loss/santos-shares-sink-on-price-fears-despite-strong-result-and-positive-outlook/story-fn91vch7-1226118437087