AOE - Arrow Energy
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They are believed to have one of the largest onshore Gasfields in Australia.
"Reserve certifiers Netherland, Sewell and Associates Inc. (NSAI) of Dallas, Texas have confirmed a large reserves base at the Tipton West field with the certification resulting in 1P, 2P and 3P reserves of 25 PJ, 124 PJ and 2104 PJ respectively, making it potentially one of Australia’s largest onshore gas fields"
Recently merged with CH4..expanding with infrastructure and gas sales.
Moving into one of the future powerhouse economies being India.
They are way undervalued! Just do a comparison with QGC.
"Reserve certifiers Netherland, Sewell and Associates Inc. (NSAI) of Dallas, Texas have confirmed a large reserves base at the Tipton West field with the certification resulting in 1P, 2P and 3P reserves of 25 PJ, 124 PJ and 2104 PJ respectively, making it potentially one of Australia’s largest onshore gas fields"
Recently merged with CH4..expanding with infrastructure and gas sales.
Moving into one of the future powerhouse economies being India.
They are way undervalued! Just do a comparison with QGC.
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chris1983 said:Hey Markrmau. You had perfect timing with this one. They just hit 74.5. Its going very very well
Indeed it is! Maybe the $600+ million raid today by Santos on QGC is going to boost action in the short term at least for valuable CSG reserve holders. My last batch of SGL shares picked up at 27c are also looking good today....
Go-GAS!!
Cheers
AJ
Unfortunately I have to put it down to luck. The market didn't seem to care about india. All about valuation of cbm resources in australia.chris1983 said:Hey Markrmau. You had perfect timing with this one. They just hit 74.5. Its going very very well
Strange thing for the Director to do but a good sign. He may have been caught out by how quick the price went up.
It is always good to have abit of luck on your side.
There is talk of a higher offer for QGC around the corner from a second bidder. I do not think Santos will be successful with there bid I think they were talking about $1.26 a share.
CSG may be the flavor of the month.
It is always good to have abit of luck on your side.
There is talk of a higher offer for QGC around the corner from a second bidder. I do not think Santos will be successful with there bid I think they were talking about $1.26 a share.
CSG may be the flavor of the month.
See message Below.
They keep rolling on
Arrow announces joint Gas to Liquids Feasibility Study.
The Directors of Arrow Energy NL (“Arrow”) are pleased to advise that Arrow has enteredinto an agreement with Alcan South Pacific Pty Ltd to undertake a Preliminary Concept Studyof a Gas to Liquids (“GTL”) project in Queensland using coal seam gas from Arrow projects.
The study is expected to be completed in early 2007 and aims to provide sufficientinformation for the parties to decide whether to proceed to a more detailed study. The study will evaluate the GTL project against the current and alternative energy options available for Alcan’s Australian operations.
GTL is a process by which gas can be converted to a range of liquids using a technique that employs a catalyst to create a synthetic crude oil. This “syncrude” can then be treated in the same way as regular crude oil in a refinery to create high end distillates such as gasoline or clean diesel.
Arrow is extremely pleased to be joined by Alcan South Pacific in its efforts to develop a GTL project in Queensland.
They keep rolling on
Arrow announces joint Gas to Liquids Feasibility Study.
The Directors of Arrow Energy NL (“Arrow”) are pleased to advise that Arrow has enteredinto an agreement with Alcan South Pacific Pty Ltd to undertake a Preliminary Concept Studyof a Gas to Liquids (“GTL”) project in Queensland using coal seam gas from Arrow projects.
The study is expected to be completed in early 2007 and aims to provide sufficientinformation for the parties to decide whether to proceed to a more detailed study. The study will evaluate the GTL project against the current and alternative energy options available for Alcan’s Australian operations.
GTL is a process by which gas can be converted to a range of liquids using a technique that employs a catalyst to create a synthetic crude oil. This “syncrude” can then be treated in the same way as regular crude oil in a refinery to create high end distillates such as gasoline or clean diesel.
Arrow is extremely pleased to be joined by Alcan South Pacific in its efforts to develop a GTL project in Queensland.
You did well Chris. You were bang on the money.
I was not (and I do not think anybody else was) expecting the stock to go up so quick.
I selected URL for the tipping comp. Its a stock I do not own and outside of a game I would be reluctant to buy with my hard earned cash at the current price of 13.5c but would be more interested in real life under 9c.
They have had a hard ride from 21c to 13c in 1 month so I have just tipped them in the game as a wild punt but it is not a very secure bet.
I thought Arrow would be up about 10% months end but they have had a string of good news in the last few days.
I was not (and I do not think anybody else was) expecting the stock to go up so quick.
I selected URL for the tipping comp. Its a stock I do not own and outside of a game I would be reluctant to buy with my hard earned cash at the current price of 13.5c but would be more interested in real life under 9c.
They have had a hard ride from 21c to 13c in 1 month so I have just tipped them in the game as a wild punt but it is not a very secure bet.
I thought Arrow would be up about 10% months end but they have had a string of good news in the last few days.
