I know I'm just being speculative but STO has a stake in ESG, MPO and AOE have links to Shell...AGK is also getting xtsxos orders against it. Arrow has a stake in Apollo as well. Anyoen know who BHP has a stake in? Have a quick look at the acreage map of Queensland/NSW with the companies mentioned. Would be quite easy to put pipelines through your own acreage especially if you were a company with a 35 billion dollar loan from the chinese government. Speculation I know, but with 35 billion you'd be chasing the whole of eastern Australia. Why invest in Gorgon when nobody is looking at the other side.
ESG Price at posting:
$1.01 Sentiment: LT Buy Disclosure: Held