hi OzI to am impressed with the format of the new monthly...

hi Oz
I to am impressed with the format of the new monthly drilling activity reports, well presented and jam packed with info
A very busy few months coming up with a good mix of boring lol but highly profitable development drilling and sexy wildcating chasing some very big targets anyone of which will have a significant material impact on the company if successful
leads me to another thought- the drilling success rates that AMU has consistently achieved are impressive and testament to the high calibre of their technical staff and operators, must be the envy of their peers
Energy stocks somewhat out of favour atm with sp's smashed across the board, very fortuitous to have the buyback in place to provide support until things turn around imo
POO has been a victim of global growth sentiment and deleveraging by hedge/commodity funds and has been oversold imo. Markets always swing too hard in both directions and POO trading from US$150 - US$70 in the space of a few months is a classic eg. Looks like OPEC is getting uncomfortable with POO at this price and is contemplating some radical cutbacks in production in near future, should provide a nice bounce.
A friend sent me a very interesting article yesterday that all with interests in oil stocks should see
http://www.wsrtv.com/view_video.php?viewkey=a42caddbd0694a4e9bdc

regards