takeover target likely short term, page-33

psi81,
Yes that AWE thing had me excited. I started dreaming about SXY getting hold of AWE's Indonesian assets and hocking the remainder off to Santos. And then investing the cash AWE's WA shale gas story.

Alas , it was not to be. Just a dream but SXY are a growth company.

If SXY can continue to find oil like they did in 2013 then they double their production. Now that would get attention. This momentum is building. Most analysts have this north of $1 and that was before some of there latest releases.

Re Hornet, wouldn't it be great if SXY made an announcement that they were going to bypass Santos and build their own Moomba Gas processing plant? They have hinted at it.

Here's to a great New Year. Two new rigs coming too.