ANALYST WRAP: Good prospects for Transerv

HARTLEYS has put a buy recommendation on Transerv Energy with a three month target price of 4.9c on the back of the company's exposure to unconventional plays in the Perth Basin and Canada.

13 July 2011
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The brokerage house spruiked Transerv's 35% stake in the Warro Gas field in the Perth Basin, where it is free carried for $100 million by Alcoa, as being potentially able to add $322 million in value

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