Business Services Industry

Aussie oil, gas juniors do well in US.

Australasian Business Intelligence, May, 2006

Byline: Robin Bromby

May 29, 2006 (The Australian - ABIX via COMTEX) -- Australian oil and gas companies are succeeding in the US. Jeff Clarke, of Marion Energy, says that well-prepared Australian companies can do as well as US companies. There are about 30 Australian-listed companies drilling in the US. Marion Energy's third oil well began production in May 2006. Clarke says investors are starting to realise the potential of the companies. There are many opportunities in the US, with hundreds of abandoned oil and gas fields available.

Publication Date: 30 May 2006

MARION ENERGY LIMITED - ASX MAE

SAMSON OIL AND GAS LIMITED - ASX SSN

KESTREL ENERGY INCORPORATED

PETSEC ENERGY LIMITED - ASX PSA

LOUISIANA PETROLEUM...

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