BoD doesn't look to have renewed the oil hedge contract with Macquarie from Sept 2014. wise move? WTI crude price has tanked. maybe they should've hedged. SELL
would be best to wait until interims are out to see if the reduced production will affect profit
MAGP dropped a big hint today - they got a great price for very little % interests in a few wells. it demonstrates that US companies will pay more than top dollar for something! considering EME is in a major play in the EFS with much more to come regarding proving up the AC and EFS, then the current formal sale should demand much more than we probably expect! STRONG BUY
if they don't get results out before deadline, shares will be suspended.
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