This is certainly good news for all (dare I say it)...

This is certainly good news for all (dare I say it) 'independent' CSG companies, not just ESG. Holders of BOW and others will also benefit from this huge investment.

$50 billion dollars is a lot of investment for the market to soak up... a lot of it will be on development. But some of it will be on acquisitions too.

So strange that Ivor Rees left Shell off his list of those that were 'sniffing around' ESG - he mentioned everyone BUT Shell. And yet, Shell's ownership of the small Arrow project has the greatest financial capacity, and the gretest need to expand resources.

Could it be that Ivor's leaked information was designed by ESG to be heard by both Santos and Shell, who are the REAL interested parties..?

Yaq

(the difference between REAL negotiations and PR spin is, the real deals are done with utmost secrecy; those deals leaked to newspapers are designed for other reasons...)