Aug 28th 2012 - Edison Investment Research today published a report on AusTex entitled "Ramp-up Continues". In summary, the report says:
AusTex continues to ramp-up the commercialisation of its extensive oil-rich acreage in Oklahoma and Kansas. An independent reserves report received in the last quarter concluded P50 reserves of 6.0mmboe and now sets the stage for a TSX-V listing later in 2012.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »