yemen

More oil and gas shows announced in Yemen. I originally bought ADI on their Yemeni interests and that leaves OSH and AWE as the only Aussie companies involved. ADI sold it's interest in lease currently being drilled and the second lease now belongs to AWE because of takeover and is to be drilled before end of 2010. AWE will certainly do very well long term out of it's takeover.It has guaranteed production in the US for , perhaps 20 years, and has increased its Yemeni holdings. I'm hopeful the Yemen results alone will pay for the ADI takeover.Agentm is correct IMO, ADI shareholders didn't get a fair price.AWE got an outstanding deal IMO and that's the reason I transferred most of my ADI interest into AWE. It offers the best of both worlds and as Agentm says they might eventually take over AUT and EKA.I doubt it will be below $2.00 for long.