daytrading march 13 morning, page-30

  1. 8,611 Posts.
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    STX...staying well above it's placement price.

    And there is this:-

    The Cooper Basin is home to a wave of companies reporting rapid growth in oil and gas production as fracking unlocks previously inaccessible gas.


    The speculative boomer

    Slightly more speculative is Strike Energy Limited (ASX: STX), a smaller oil and gas developer with substantial undeveloped resources.

    Gas is notoriously expensive to develop, but Strike is utilizing gas sales agreements to lock in buyers and deliver ‘option fees’ – upfront payments to fast track development and reduce the reliance on debt and shareholder capital raisings.

    Natural gas is a compelling area for investors with a long-term focus as gas prices rise and production and reserves grow. Many companies are still priced attractively given their potential.

    http://www.fool.com.au/2014/03/12/3-top-energy-picks-for-rising-gas-prices/
 
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