SXY 0.00% $4.60 senex energy limited

farm out with ambassador oil and gas

  1. 3,770 Posts.
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    Hi Guys,

    Ambassador Oil and Gas will begin trading on Monday the 19th of December.

    The following farm out announcement below with Senex was made back in August this year. It will be very interesting to see how this stock goes with this sector booming and especially in the Cooper Basin.

    Smart operator in Tino Guglielmo pulling the strings so plenty of experience here.

    Ambassador has assembled a balanced portfolio of prospective exploration targets in the South Australian sector of the Cooper / Eromanga Basin.

    Ambassador was issued a 100% interest in the prospective Petroleum Exploration Licence PEL 570 in the 2010 bidding round. The licence was awarded by the South Australian Government following a competitive work program tender.

    Could be my chance to get in on this hot sector at a very good entry point.

    Cheers

    ====================================================================

    http://www.ambassadorexp.com.au/announcements/2011-08-19-senex-press-release-ambassador.pdf

    http://www.ambassadorexp.com.au/index.html
 
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