Rumoured in the traps in Perth that WOODSIDE is talking with the London Parent company ANZON ENERGY, which has 54% holding in Anzon Petroleum here . With the EV/boe = 9.4 [A$/barrel] : 2P reserves AZA 57.9mmbbloe : PE'07=4.3 : PE'08= 4.7 , Anzon is ripe for a raid from Woodie . These numbers are really attractive and that 54% holding makes an ideal starting point . The EV/boe and the 60 million Barrel reserve number is so good compared to other oilers such as ARQ AWE TAP ROC etc.,.
dyor
AZA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held