AZZ has gone up over 700% after announcing sucess on their Yellow Rose acreage in the Eagle Ford County.
AUT is another ASX listed oil and gas company that has leases in the county. AUT's resistance level was at 16 cents, and now the share price is breaking out.
Because AUT owns acreage in the Eagleford county and some big oil and gas companies are moving in around its acreage AUT should be confident that this acreage is becoming increasing valuable, especially with a recovering oil prices.
breaking out - bcos of eagle ford shale
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Last
71.5¢ |
Change
-0.035(4.67%) |
Mkt cap ! $343.7M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.5¢ | 71.0¢ | $885.8K | 1.227M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30407 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 12447 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| FFM (ASX) Chart |