Every dog has its day. Perticularly when you end up proving up an oil field.
For example:
Whaite Sands Petroleum
to
Maverik Drilling International(unsuccessful IPO)
to
Maverick Energy LTD - ASX: MRK
to
Triangle Energy ASX : TEG (then spun off) TEG still listed.
to
Maverick Drilling and Exploration. ASX : MAD (current)
Took about 5 years.
So, with the benifit of hindsight. Oils aint oils.
Ref http://www.investogain.com.au/company/maverick-energy-ltd
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