Yeah, thats the risk but fraccing offshore is no biggie. I wonder if GA would consider taking over Advent Energy (unlisted, owned MMR, GBA, BPH). Good prospects off Newcastle but Breeze is history in O&G (IMO) so no chance unless someone like GA comes in. A good start would be buying Ken Talbots estate out of Advent holding company and then kicking the chair out from under Breeze to get the rest.
OXX Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held