I'm bringing the money back home to Australia. Staying with O&G.
Massive demand here as well due to all the new trains needing gas for export and the gas deficit in the south east cost domestic market.
I'm looking at these in that order (!DYOR!)... They are also in order of growing maturity with '1)' being the youngest and highest risk.... (!DYOR!)... Haven't decided yet which to reinvest the SEH proceeds in...
1) STX (if fracking works ~ 5Tcf of gas with a pipeline already running over it)
2) CVN largest O&G discovery in last 30 years. 3rd largest discovery in North West Shelf in history.
3) SXY productionising their Surat 1Ps 2Ps with gas sales contracts already in place both for domestic Jemena and export to GLNG
4) BPT most mature of the lot but still small to medium, a bluechp in the making.
Above is my opinion only and NOT professional advice or recommendation. Basically just broadcasting my thoughts.
SEH Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
