re: Ann: ZSP: Aurora Oil & Gas to be removed ...
AKK you might be able to compare to EKA before it was taken-over (AKK has far inferior acreage mind you), but AUT is simply out of the question.
Long story short, there will not be another AUT, as it was an exception to the rule (large scale acreage position in the best part of the trend operated by one of the best companies in the game).
IMO, SEA is the only company on the ASX worthy of consideration to be honest (disclaimer: I am biased though), with good quality acreage and production ramping up dramatically, but even then it's acreage isn't quite as good as AUT's and it is in control of it's own operations.
I think LNR have some good quality EFS assets but a ridiculous amount of debt (pointing out the obvious), and I find it hard to see that company being sustainable.
NSE are in a pretty good location imo, but their operator (Magnum Hunter) just hasn't been able to produce good results.
AUT Price at posting:
$4.18 Sentiment: None Disclosure: Not Held