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Fortescue determined on gas push despite falling energy prices...

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  1. raiderup
    17,248 Posts.
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    31/01/15
    11:43
    Post #: 14673752
    Fortescue determined on gas push despite falling energy prices


    The company was part of a consortium that considered an offer for the oil and gas assets recently put up for sale by US company Apache Energy, but the sales process coincided with a steep dive in iron ore prices.

    http://www.theaustralian.com.au/bus...ng-energy-prices/story-e6frg9df-1227202749201

    Its not out of the realms of possibility that fmg and its consortium may revisit OBL and its Canning Basin assets,with a view to a GTL venture IMHO.

    Raider
    OBL Price at posting: 0.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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