Royal Dutch Shell is said to have made an A$3 billion ($2.5 billion) bid for Arrow Energy Ltd. Arrow said"The company continues to have discussions with parties with respect to the potential monetization options for its considerable coal seam gas resources. Arrow sold 30% of its Australian coal seam gas assets to Shell last year. The Anglo-Dutch major has long been touted as an obvious suitor for Arrow, given its plans. Arrow and Shell have both said previously that they've held talks about Arrow selling more gas to Shell. Recent media reports have aired rumors that Shell and PetroChina (PTR) could be planning a joint bid for Arrow. Arrow addressed one of the rumors Thursday, saying that it's not aware of any Chinese interest in company. Arrow also said Thursday that it expects its full year profit before tax to be about A$540 million, higher than previous guidance for A$440 million due to the sale of its interest in rival Pure Energy Resources Ltd.