sto/esg/gastar/hgo tranasction implications, page-15

Kingcarmelo if you have a look at the last 3 transactions its clear prior to Santos making a move who was the active player in NSW = AGL

"This is the 3rd NSW CSG transaction

1. AGL/SGL takeover $4/GJ 2P $3/GJ 2P

2. AGL/MPO's and AJL's Gloucester $1/GJ 2P $2.11/GJ 3P

3. STO/ESG not sure about 2P yet but 66c-74c/GJ 3P"



Seeing as majors such as Santos, BG and others are looking at securing as much as they can for their LNG projects, it only makes sense AGL better hurry up asnd secure domestic supply for the energy hungry NSW market, at least VIC has the Bas and Gippsland areas to supply it, NSW is gonna find itself short if all of its resources go to the LNG projects