SNE
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0.00% 15.5¢ somerton energy limited

proposed control transaction, page-24

  1. strauss
    22,120 Posts.
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    27/04/12
    11:15
    Post #: 10096524
    Cooper really wants to control the Otway Basin, quotes from the quarterly

    "Proposed Merger With Somerton Energy
    The proposed merger is consistent with Cooper’s strategy to grow its presence in the Otway Basin and, along with existing assets and corporate activity, to build a well-funded production and exploration company focused on shareholder return."

    SNE Price at posting: 19.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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