re: Ann: Change in substantial holding - J.P.... Proga, you raise a good point about concerns over shale gas in the states. There is a lot to be wary of in the sector. I think we experienced that with AZZ.
There is an interesting presentation around:
"Shale Gas-Abundance or Mirage? Why the Marcellus Shale Will Disappoint Expectations" by Arthur E. Berman, October 2010
Have you read it?
I dont think this applies to AUT in the Eagleford as they are looking very profitable - but be wary with other shale gas companies and dont assume just because they have shale gas they are sitting on the motherload because that is not the case until the production tests are back.
I have TXN as well and am very nervous holder!
Ann: Change in substantial holding - J.P.Morgan , page-63
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