daytrades dec 23 afternoon, page-45

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    For ADE followers:

    Check out STX, found support at 16c. Also has permits in Cooper Basin and not that far from ADE/BPT's shale gas project i think. Have 3 JVs with BPT in the area:



    STX's Cooper position as below:


    Total permit area greater than 17,000 km2 (4 million acres)-

    1/ PEL 96: 66.67% (Strike Operator)

    2/ PELA 71: 75% (Strike Operator)

    3/ PELA 515: 100% (Strike Operator)

    4/ PEL 94: 35%(Beach Energy Operator)

    5/ PEL 95: 50%(Beach Energy Operator)

    6/ PPL 210: 50%(Beach Energy operator
 
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