Update from Patersons
"Macquarie (Australia) have initiated research coverage on Pioneer Natural Resources (US listed) with an Outperform rating. This adds further to our investment thesis that the Eagle Ford Shale is starting to gain attention in the Australian market. Should Antares Energy (AZZ) gain admission to the S&P/ASX300 on 19th September 2010 we would expect other large broking houses to initiate coverage on the stock."
Some of the relevant quotes include "Eagle Ford ? the next big deal" and "We expect the average well in the play to generate a 72% rate of return."
positive news
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)