According to Beach thread American giants EOG Resources and Continental Resources are "sniffing around" for Shale gas. This type of speculation must be good for Senex.
I just love this management. We are only just into the new year and they are straight into a shale gas exploration drilling campaign. Hell, we could have a shale resource booked by the end of February which would make Senex very attractive to one of these predators. Ian Davies and team sure knows how to play this game!
SXY Price at posting:
64.6¢ Sentiment: Hold Disclosure: Held