They tried hard, the circumstances were perfect but it looked like the sellers were not willing to give away too many. The story that will unfold is too good to be ignored.
Every day gets us closer to Gladstone exporting gas which at this stage isn't enough to feed the plants and not even enough to supply East Australia with gas. New players and existing have to grab more acreage which so far is already in tight hands. The price for BUL's premier tenements will rise and that's what our management is planning on. They will knock on our door for a JV or even an t/o.
Marburg is just one example.
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