You are now going to have to pay alot more now monkeys!
Kimberley Oil: Europe gas debate may affect shares 09:58, Thursday, 8 December 2005
Sydney - Thursday - December 8: (RWE Aust Business News) - Kimberley Oil NL (ASX:KBO) said, in response to an ASX query, it was not aware of reasons for the increase in its share price recently, or the trading volumes. However, it said there has been recent significant natural gas price increases across Europe. In addition, over the past month, there has been debate in Eureope and, in particular, in the United Kingdom about natural gas storage levels and pricing. The company made announcements in November regarding the completion of a coal bed methan inventory assessment at its Lorraine permit in eastern France and will be changing its name to European Gas Ltd, reflecting its business objective in coal bed methane in Europe.
KBO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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