re: australian oil ipo
Australian Oil Company listed today..got off to a terrible start. Still at least one of the partners in Cooper is up and running. Could partly explain the lift in EBR today? Looks like we are waiting on White SAnds to float now. THere was a letter about the white Sands rig in the Energy News, it was not terribly flattering. Looks like it is a bit of an experiment really with a rig not intended to drill for oil or gas. Just hope it works!
EBR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held