JP Morgan bullish on Australian oil companies

Oil stocks have got a big tick from JP Morgan, with the investment bank forecasting that the falling Australian dollar will offset the damage caused by falling prices of crude oil.
By December, Buru Energy will increase 191 per cent to 96¢, said the bank. Senex will lift 78 per cent, Santos 55 per cent, and AWE Limited 48 per cent. SMH 14/4/15