Yes you can see why the PM wants more oil exploration here. Australia is in its best position ever to be an energy supplier to the world. The junior oil explorer/producers that have a low risk approach to their drilling campaign and who can turn discoveries into production within months will do very well in this high oil price environment. Entek who are not big on news updates should have some details of the up and coming drilling campaign in Eromanga Basin with Beach, that info most likely will be in their quarterly.
another 100 dollars pb comment, page-2
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| OIL (ASX) Chart |