from todays fin review p. 23To buy reserves or to build...

from todays fin review p. 23

To buy reserves or to build ??

Despite the rising price of oil, shares of some energy stocks have retreated as jittery investors jettison riskier smallcaps.
Analysts say the decline is likely to be a catalyst for more deals in the sector.
'The feeling is there will be more consolidation in the smaller end of the market without a doubt' says Hartleys resource analyst.
Rising oil prices have been a boon for small and mid-sized producers, raising their attractiveness to predators who desire an instant boost to their bottom line from the acquisition of companies that have passed the risky stage of project development.

Surely Amadeus is a prime candidate with its status as 1 of only 2 profitable aussie oilies operating in the US.??

anythoughts ??