up 18 per cent today , page-3

Yes Mojo its been dissappointing for all of the Australian companies drilling for oil and gas in the US...thats just the nature of this sell off - nothing is really spared despite how good its underlying fundamentals are going forward.

just look at the share price for Aurora, Amadeus, Marion, Petsec, Samson, Burleson just to name a few off the top my head... they have all had their shareprice halved in the past 12 months...

but not all of them have doubled their revenues, increased their acreage position in prolific producing areas, and got more deals coming through the door like Pryme has so when the tide turns it will be nice to see true value reflected... and when revenues increase again with Turner Bayou coming on stream that will only increase the underlying value so we just got to sweat it out for a while..

cheers cu