re: Ann: Update on Backreef Ownership & New D...
You may be onto something there 'hunchback33'. I read an article in the last couple of weeks on the Canning Basin oil and gas future. I think it was in the online version of 'The Australian'.
Anyway, it did mention FMG as a party still sniffing around, according to the article.
Also, don't forget NSE's recent farmout to PetroChina. The chinese are definitely interested in the potential of the onshore O & G in the Canning.
Anyway, probably getting ahead of myself there. Best to wait til the Court case is finalised before speculating on who may be interested in a partnership with OBL.
All of the above is my personal opinion only. DYOR.
OBL Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Held