AUSTRALIA

Seven 'fully invested' as downgrade season bites

PROFIT downgrades from the Australian oil and gas space could be overdue according to IG market strategist Evan Lucas, who also believes that Seven Group Holdings will not pursue any further investment into Beach Energy or Drillsearch Energy at this stage.

Blair Price

Seven 'fully invested' as downgrade season bites

He was more concerned with the void of news flow on petroleum stocks than any impacts from a possible Greek default. "It has been very quiet which is really nerve-racking for me," he told Energy News....

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