Sabre if it gets to 7c BUY BUY BUY! THe Gilbert and Maclean and Moby stuff may have been duds but it did not cost EBR much as they had farmed out most of the cost to MOG, GOP, LKO etc. THey still are significant partners in any other prospects in the Gippsland offshore blocks that have not been drilled yet but presumably next year will see some further attention from GOP and Bas and maybe MOG if they can book a spot with a rig. Besides that Cultana is very prospective and farmed out...and Cooper is prospective and farmed out. All means EBR has some action lined up but does not have to pay a big risk premium. The diversity of EBR offers a lot more security than GOP or BAS thats for sure!
EBR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
