stock analysis report

just read this in the latest release:


Stock Analysis
By Peter Strachan
April 4th, 2012
Issue 5 Vol 9

Oil focused companies, such as Maverick (ASX: MAD), Antares (ASX:AZZ), Texon (ASX: TXN) and Sundance (ASX: SEA) will perform strongly in a plus US$100/bbl market for oil, but the gas chasers have an uphill battle….

Recent arrival, Maverick Drilling & Exploration, has jumped up the ranks as it expands oil production and outlines more 2P oil reserves, while Drillsearch has performed strongly on the back of oil and gas discoveries and developments in the
Cooper Basin and its undoubted shale gas potential……

From a reserves position, Maverick now holds the fourth
largest volume of pure oil reserves on my list, while Karoon
and Nexus are very much in the frame as long life reserve
holder…..

Aurora looks to be fully priced and its value makes companies like Maverick, Nexus,Beach and AWE, look very cheap by comparison….


Buys include:
Tap Oil (TAP), Cue Energy (CUE), Otto Energy (OEL), AWE Limited (AWE),
Karoon Gas (KAR), Neon Energy (NEN), Buru Energy (BRU), Maverick Drilling
(MAD), Horizon Oil (HZN), Antares Energy (AZZ), Woodside Petroleum (WPL),
Santos (STO)