Source Etrade 22/2/10: - 1032 [Dow Jones] STOCK CALL: AWE...

Source Etrade 22/2/10: -

1032 [Dow Jones] STOCK CALL: AWE (AWE.AU) outperform rating, A$3.90 price target retained by Macquarie after 1H results. Says that after what appears to be a successful drilling campaign in the Bass Basin, focus will shift to the more material NZ exploration program, with the Hoki well expected to be spudded in early March. "Given the recent (share price) weakness seen, we think investors can essentially gain exposure to this quality exploration program for free," says broker. AWE down 2 cents at A$2.63.(DWR)