The Australian share market ended a little lower yesterday, despite a positive start to the session. The ASX 200 Index (XJO) fell 8 points to 4157 points.

Yesterday was another down day for the Australian share market, with widespread selling in all sectors apart from the utilities, the All Ordinaries Index (XAO) ended off 101 points to 4214 points.

WHL Energy (ASX: WHN) managing director Steven Noske has increased his stake in the company through the acquisition of a further 1 million shares.

The Australian share market lost ground yesterday as the ongoing European concerns held markets and commodities back, with the All Ordinaries Index (XAO) ending off 36 points to 4316 points.

By James Paton on May 15, 2012 ConocoPhillips (COP) (COP), the third-largest US oil company, said it's interested in further shale investments in Australia following a partnership last year with Perth-based New Standard Energy Ltd.

Proactive Investors is reporting live from the Australian Petroleum Production and Exploration Association's 2012 oil and gas conference in Adelaide, South Australia from 13 May to 16 May.