Interesting view of US Upstream Oil Sector, page-4

mon

you may wish to chk the ownership of this securities dealership .........

you may also wish to chk that its "parent" was / is a lender to "distressed" E&P co's .......

you may wish to chk some of the other aussie listed (and formerly) co's that have borrowed funds (secured) from the above ........

they is quite good at turning over the dirt to 3rd parties !!!!!!!!!!!!!!!!!!!!!!!!!

I concur with your thoughts on "risk" in terms of reductions in BB as banks "tighten" available credit lines .......

rgds
V_H