I'm just glad that state owned oil and gas companies value long...

I'm just glad that state owned oil and gas companies value long term energy supply security over ROI! Petronas, Sinopec, Kogas to name a few.

Otherwise the super-tax may have derailed proceedings. I would be surprised if there's not a bit more corporate activity in the sector over the coming months as share prices come off recent highs, AOE deal comes to a head, super-tax gets re-jigged etc...etc...