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An Australian energy company engaged in oil and gas exploration and production. The core of company's business is a majority working interest in the Cooper/Eromanga Basins oil and gas fields located in central Australia.
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TenIronRoss (64.00) Submitted: 10/01/07 3:19 PM : Start Price: $52.71 STOSY Score: 7.06
There is nothing in the pipeline or laboratory to replace oil in the next 5-10 years. The world's appetite for oil is growing, and will not change in the present economy. Any (well managed) oil operation should be profitable for investors.
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