QGC

One of the leading coal seam gas producers QGC, formerly know as Queensland Gas Company (QGC), which primarily focuses on exploration, production and supply of onshore gas have declared that it will spend more than $US3 billion on its liquefied natural gas (LNG) operation at Curtis Land, Queensland. QGC will invest the money in the project in next six months.

ABC Learning (ABS) was the overall worst performing stock taking in a 23.47 percent decrease. Among the worst performing stocks for the week 27 of 2008 of the Australian sharemarket were a mixture of education services, mineral export, energy, and mining and exploration: ABC Learning (ABS), Fortescue (FMG), Queensland Gas (QGC), Perilya (PEM). These worst performing stocks for the week 27 of 2008 recorded losses above 14.15 percent by the end of the trading week.

Minara Resources (MRE) was the overall worst performing stock in either f the ASX100 and ASX200 indices taking in a 18.56 percent decrease in their share price on the Australian stock exchange. Although the overall loser on the Australian markets this week goes to Clive Peeters (CPR) which shed 25 percent closing the week at 50 cents.

Queensland Gas (QGC) was the overall best performing stock taking in a 17.54 percent increase. It was a mixture of financial services, Insurance, beef production and forestry, energy, and oil companies who were the best performing stocks for the week 16 of 2008 of the Australian sharemarket: Allco Finance (AFG), Insurance Australia Group (IAG), Futuris Corporation (FCL), Queensland Gas (QGC), AED Oil (AED). These best performing stocks managed gains above 7.6 percent by the end of the trading week.

Queensland Gas QGC was the overall best performing Australian company taking in a 34.5 percent increase in its share price this week. For the past week (week 6 for 2008) on the Australian sharemarket, among the best performing stocks were a mixture of metal & mineral, telecommunication & media, steel and coal seam gas companies: Fortescue (FMG), Telstra (TCS), OneSteel (OST), Queensland Gas (QGC), Arrow Energy (AOE). These best performing stocks for week 3 recorded between 5.3 percent to 34.5 percent for their gain by the end of the trading week.

Fortescue was the overall best performing stock taking in a 15.72 percent increase. It was a mixture of metal & mineral, securities services, pharmaceuticals and mining that were among the best performing stocks for the Australian sharemarket for week 46 of 2007: Fortescue Metals (FMG), Computershare (CPU), Sigma Pharmaceutical (SIP), Iluka Resources (ILU). These best performing stocks managed gains over 9.93 percent by the end of the trading week.