BUY 0.00% 0.5¢ bounty oil & gas nl

Australian stocks are likely to start on a positive note today,...

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    Australian stocks are likely to start on a positive note today, after surprisingly strong retail sales data in the United States eased economic concerns and lifted Wall Street.

    BUY - BOUNTY OIL & GAS NL - The Ensign Rig No 30 will be moved onto location around 6 September to prepare to drill the Wakefield 1 oil exploration well in PEL 218 Eromanga Basin, South Australia.

    PEL 218 is a large permit of 1600 km2 offering oil, coal seam gas and tight gas potential.
 
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