Policy uncertainty hits oil and gas juniors

Original article by Paul Garvey
The Australian – Page: 17 & 18 : 16-Apr-18

Fund managers argue that the share prices of smaller oil and gas producers are underperforming due to lack of certainty regarding energy policy in Australia. They say the positive outlook for east coast gas prices is not being reflected in share prices in the sector, which is expected to experience a supply deficit in coming years. Cooper Energy MD David Maxwell says there is strong evidence to suggest that east coast gas prices will remain at elevated levels for some time.

CORPORATES
COOPER ENERGY LIMITED – ASX COE, FLINDERS ASSET MANAGEMENT PTY LTD, BEACH ENERGY LIMITED – ASX BPT, LATTICE ENERGY LIMITED, SANTOS LIMITED – ASX STO, HARBOUR ENERGY LIMITED, AWE LIMITED – ASX AWE, MITSUI AND COMPANY LIMITED, TAYLOR COLLISON LIMITED

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