next drilling, page-5

The fantastic appeal now of ARQ is that it is a fairly conservative play for the oil stocks. There is now certainty of earnings with very solid exploration upside. I am aware of some brokers now starting to put this stock into the more conservative portfolios due to its existing assets.

A very good story. Another that should be rerated in next month or so is Tap. Woollybutt has reinforced its enormous cashflow and the market should see about a $25-27m profit. It is also about to begin a 12 hole drilling program-this stock has been rangebound for a while now but should finally clear the $1.30s.

When i look at the support for Hdr can not understand how the risk rewrad for that stock is better than Arq. Time will tell and that is whta makes the market so fascinating seeing opinions effectively trades off each other