OIP
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0.00% 4.3¢ orion petroleum limited

merger with a shale gas company

  1. richrichie
    3,390 Posts.
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    23/11/11
    09:05
    Post #: 9325946
    I'm not sure if this is good news or not.

    Petrel has ex-MPO execs with shale gas experience in North America.

    My only concern is what STO and TRUenergy's intentions are with their combine 23.06% stake. Also OXX holds under 8%.

    So unless STO comes in and kills the deal with a takeover.
    OIP Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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