Continental Energy Corp. (CPPXF.PK)

Continental Energy Corp is located in Texas. It is in the Crude Petroleum and Natural Gas industry. Trading on the Pink Sheets and Over the Counter Bulletin Board (OTCBB), the stock symbols are CPPXF.PK and CPPXF.OB, respectively. Pink Sheet stocks often lack reliable information such as financial statements. We advise extreme caution before investing in this stock. Because the shares are quoted on two exchanges, it is possible that this company may have some of the exchange risks on the pink sheets mitigated.

On Jan 6, 2009 the company's share price reached $0.19. Presently the share price is 74.67 % lower than its 52 week high of $0.75. Only experienced investors should consider this stock due to its low price. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock has issues with liquidity. Once bought, such shares might be difficult to sell.

Recently, some news was announced by the company. Continental Energy Corp announced that " Continental Energy to Assess Bengara-II Block Commerciality in 2009 " on Dec 22, 2008. Although this news is out there, it is too early to determine the ultimate effect that it will have on the company's share price.