BRK 4.44% 47.0¢ brookside energy limited

New Options Application process, page-4

  1. 181 Posts.
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    Just had a look at the past announcements. 


    http://brookside-energy.com.au/wp-content/uploads/austocks/brk/2018_11_30_BRK_1543608840.pdf

    If you have any queries on how to exercise your Options, please contact Automic Registry Services bytelephone on 1300 288 664 (Australia) or +61 9698 5414 (Overseas).

     

    Found this on their twitter page 


    Encana Is Bringing Their Cube Strategy To The Anadarko Basin

    Dec. 12, 2018 1:39 PM ET
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    17 comments

     
    |
     About: Encana Corporation (ECA)
    Todd Akin
    Deep Value, newsletter provider, portfolio strategy, oil & gas
    Summary

    Encana is now a powerhouse with the Newfield merger.

    More quality acreage has been added to ECA's portfolio that has sub-$40 breakevens.

    Because cube learnings will be applied to the new acreage acquired in the Anadarko Basin, where more technology and infrastructure exists, mega-pad development is now possible for ECA.

    The new scale, synergies, and efficiencies that Encana will be experiencing in the Anadarko Basin should allow earnings and margins to improve further for ECA.

    As a result, the recent dip in Encana's share price from $14 to $7 is now presenting a buying opportunity for investors to go long.

    Encana’s (ECA) stock price has fallen significantly from the recent highs of $14 since now the stock is trading around $7 per share, which now represents a 100% move that could be had if the stock returned to its former highs set earlier in the year.

    The stock has fallen in sympathy with other E&P companies on fears of lower oil prices affecting margins, and the overall market weakness currently being experienced is only making the selloff worse for Encana.

    These negative developments seem transitory in nature, since the U.S. economy is strong by all reports. Oil prices should also strengthen due to, not only a strong global economy, but also because of the recent OPEC and Alberta cuts, which should take around 1 million barrels of oil off of the market. This event will hopefully allow oil prices to bottom around $50.

    It is curious how this selloff occurred in the first place since Encana's fundamentals have actually strengthened, even while its share price has been taken to the woodshed. For example, the company continues to gain efficiencies and learn more from their cube development strategies being used in various basins.

    These learnings are now being applied to new areas in the Anadarko Basin that ECA now owns acreage in, thanks to their recent merger with Newfield, which will create more synergies and further improve fundamentals.





 
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