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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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atontea2 (41.67) Submitted: 11/28/07 1:34 AM : Start Price: $48.72 STOSY Score: -8.69
1st. This company is in a downtrend; 2nd. The prediction on gains points to the lows; 3rd. Conversion to Ethanol in the whole world will force oil producers to produce more oil to buy food -whose price is already going higher- getting lower prices for it, and 4th. Brazil found huge oil reserves on land.
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