Tag Archives: ameratex oil drilling

Is now a buying opportunity for Ameratex oil stocks?

24 Jun

An oil and gas boom is tipped to replace the minerals boom and deliver hundreds of billions of dollars to the economy but add further strain to struggling parts of the nation.

Ameratex Energy is an integrated oil company involved not only in relatively risky exploration activities, but also in refining and marketing.
While the exploration stocks have suffered most as oil prices fall, AmeratexEnergy’ stock has held up relatively well.
The energy company is in the process of integrating its acquisition of Ameratex Drilling.