Sounds a bit harsh GesleyThey have an US experienced management...

Sounds a bit harsh Gesley

They have an US experienced management team and use a number of consultants in their operations .

Director Peter Lehle is a Petroleum Geologist with 28 years experience.

Amadeus was in negotiations last year with Eden Petroleum last year for a takeover but hit a snag due to a tax problem.

I wonder if there any other suitors out there? which would push the SP to a fair value

The Oil and Gas sector in the US is hot at the moment.