ECU
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3.85% 25.0¢ eastern corporation limited

galilee impresses....

  1. clacoste
    9,046 Posts.
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    02/11/07
    19:44
    Post #: 2965044
    Great update from Galilee Energy (67% owned by ECU). Their sample well from Rodney Creek looks pretty impressive for the quality and quantity of CSM gas. Given the size of the permit.....and the huge potential of CSM field development in the Galilee Basin....well, I am a true believer now. Smart move by ECU to secure this interest....and also upgrade the NZ coal operations and production. Looks like some buyers agreed today too. Should do well on Monday.
    ECU Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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