I think coopecs drivel here is an attempt at humour after...

I think coopecs drivel here is an attempt at humour after reading that daily reckoning link, which didn't quite come off.

Quote "Each of the four shale stocks I've picked could soon be the subject of a bidding war.

But it all rests heavily on something that's about to happen in April.
The chance to make micro-cap-style gains from three established oil producers. "

"In April the first HORIZONTAL well is going to be drilled in Australia. That will be followed by multiple 'fracture stimulations'.

This is precisely the drilling technique that unlocked American shale reserves.

With horizontal drilling, the gas began to flow..." unquote

Obviously this guys ramp belongs more in a casino, but it does give a little food for thought who these 4 are? You'll be told if u subscribe to his 'daily reckoning' newsletter of course. Since not many of us will be doing that then we must speculate. Obviously BPT is the one who did the farm out with Chevron and would have to assume ICN is in with that. "ESTABLISHED oil producers.." hmm..SXY? One of the four is a real wild card so he says. The way it reads is like lotto..we've got 3 numbers and a supp. All to happen late april/may. Just for a bit of fun till STX actually does anything substantial to boost the SP again, who would like to start? STX is not an established producer in the cooper so i guess it could be read that they're the supp and hence the basis of coopecs little joke. Anyway, it's something a bit more light hearted than the usual grind on this forum as the SP slides us back into frustration mode.