ravback in the seventies and eighties technology and thinking...

rav

back in the seventies and eighties technology and thinking was different and the price of oil and gas were too low to make alot of fields commercially viable.

what's going on now is many of the big US players have long moved on to places like the arab states or Kazakstahn, and alot of the small US players have no money after the GFC. so there is an opening for cashed up aussie companies to get in with newer technology and thinking and take advantage of the rising energy prices.

worth keeping an eye on all the aussie juniors, if for no other reason than to compare data and help you to make an informed decision