The Sunday Times 10 April 2005 Hogan and Partners rate EBR as a Spec buy. "Cashed up junior oil and gas explorer EBR is set to participate in up to seven wells in 2005. Five wells will be drilled back-to-back in EBRs Cooper Basin acerage beginning mid 2005. The first three wells will be funded by Audax Resources. Also mid year is the Moby 2 development well (EBR 25%) following up the Moby 1 gas discovery. Afurther well is planned in blockVIC/P41 following interpritation od a 3D seismic survey." fc
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
