Club Mulgoa

Friday, February 07, 2014

Cooper Basin

There is a lot of gas and oil activity in Cooper Basin.  Pity NSW missed out on it!

So far, there have been lots of good news from the bigger boys there.  DLS announced recently a rise in production (I don't own any share in it).  BPT has flagged a bigger profit.  However, in spite of all the positive news and lots of analysts claiming M&A activity, I can't say that share prices of my stocks there have been jumping.  I should be opportunistic but the market is so hard to read...

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