Club Mulgoa

Saturday, December 08, 2012

Shale acreage in the USA

There are articles in Proactive Investors on Aussie oilies in the USA.  But a lot of them are looking sick from my perspective.  Yet, there is a lot of value to unlock from them.  Even my SSN is looking a little frail.

With more drilling to be done, it is difficult to imagine that the share price can keep drifting downwards... especially if there is liquid hydrocarbon.

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