OSH 0.51% $3.96 oil search limited

$$$agl offers $1.35billion for oilsearch$$$, page-12

  1. 867 Posts.
    its all about oil.... i believe the main drivers for osh in the short to medium term are:

    (1) their moran drilling program; and
    (2) their efforts to commercialise their mananda oil reserves (appraisals wells to be drilled sometime early next year i believe).

    i dont worry too much about development of their stranded gas resources because it will eventually happen... and besides, i'm told gas prices are crap in australia...

    talk of takovers are crap... um, until we see something on the table, that is...
 
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