"Oil Search might benefit from progress on an ExxonMobil-led liquefied natural gas venture in Papua New Guinea, Credit Suisse said. "
cutted and pasted.... One smaller company that is set to benefit quite large from this is CUE energy, (northwest shelf farmin).... I reckon CUE is going to rise 100% this year... very well protected on the downside... Ive sold up MEO, im out... flow test data nothing to get excited about just yet, company needs large flow rates to sustain project, (250MCF plus), Im now with Yogi on this call... it could go either way... Traders and large holders played the flow test data very very well... They drove SP up from $1.20 to $1.60... SO that when SP was dumped on initial data that they could off load back at $1.20 rather than $90cents.... Im expecting MEO to go lower...
MEO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
