Afternoon resources round-up

Eureka Energy, Mount Gibson Iron, Target Energy, AusTex Oil, Earth Heat Resources, Western Areas, Neon Energy, Gulf Mines, Consolidated Global Investments.

Oct 18, 2011 – 3.40pm

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EUREKA ENERGY (EKA)

Eureka Energy reports its share of the 2P reserves at its Sugarloaf oil and gas project in Texas have increased 40 per cent to 6.7 MMboe. The upgraded 2P estimate is equivalent to a net present value of $US118.9 million, or US50¢ a share.