Hi Nammuldi, the market seems to have ignored recent action in the Perth basin ie AWE's further drilling success and ENB buying 50% of UIL's EP447 which is only part of UIL's area. Sooner or later the potential of this share will be recognised- lets hope it's sooner! Perhaps more info from the company would help.
News: UIL Energy identifies gas and liquids leads in Western Australia, page-8
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