Big statement re NT fracking as the likely government to win up there in August (Labour) has promised a moratorium on the process, BUT, if there is a cold day in Hell, Armour Energy AJQ, has massive tenements in the McArthur Basin surrounded by majors. IF your drinking mate happens to know more that the majors, then Armour will skyrocket. See attached map of tenements.
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Over supply may be ending? Good oil stock recomendations?, page-15
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