STX 5.00% 19.0¢ strike energy limited

If MIN take LD gas out, and use 100% of it locally even if that...

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    If MIN take LD gas out, and use 100% of it locally even if that means internally, no laws will have been broken. How they handle the cost/revenue between subsidiaries is just a tax/accounting exercise. I know their threat to Cook looks and sounds like blackmail but Ellison is clearly within his rights. I do hope he doesn't back down if the export market remains closed off to onshore producers.

    Hancock/STX handling of WE gas will depend on whether it is co-marketed. At the moment, STX have committed to a GSA to WES so co-marketing appears unlikely. Hancock would be free to dispose of their share of WE gas as they see ft.
 
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