Interesting thread on AUT re relative values between AUT vs ADI....

Interesting thread on AUT re relative values between AUT vs ADI. I've been thinking about swapping some money to AUT due to the Hilcorp drilling of additional wells in the non overlap acerage come Q2 & Q3.

I'm interested what ADI only SHer's think?


I'm staying in this play for some time to come as the story just gets better (& more international major's are entering each weeek). I've got my own first stop intial target set at $0.50 (I posted awhile ago that I thought $0.30 by 2009 xmas and $0.50 by 2010 Easter) so I think I'm out in my timing by about 3 months.

What I'm abit concerned about is ADI's ability to find a good operator post Hilcorp free carried planned drills. They can fund themselves possibly but who will be the operator? and rigs access must start to become an issue. I know I'm thinking 6 months ahaead, however thats where I believe the market is as well with ADI.

Cheers

Maddoc