Shale twins make a new run for black gold
Article Abstract:
Australia's Southern Pacific Petroleum and Central Pacific Minerals N.L. are rated as speculative stock buys, as their joint venture Suncor Energy Inc. expects by year-end 2000 to have shale oil into commercial production. Suncor expects to produce 4500 barrels a day in 2000 and an additional 15,000 b/d by 2003. Salomon Smith Barney Holdings Inc. expects share targets of $10 in 2000 for Southern Pacific and even higher prices for Central Pacific.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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Europe might be the next boom market
Article Abstract:
Many Australian investors feel that Europe may become the most lucrative region for investment. Stockmarkets in Europe rose by double digits between July 1997 and July 1998. Although traditional social values will probably prevent downsizing, many companies in Europe are expanding through mergers and acquisitions. Furthermore, the advent of the single European currency may well stabilize and improve European economy.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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Boral's whizz kid had the principles, not the profit
Article Abstract:
Outgoing Boral Managing Director Tony Berg welcomes the fact that the firm has achieved six consecutive half-year profit increases. However, the share price is weaker than he would have wished.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2000
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