Great Quarterly!PVE stands to benefit greatly from stability in production and the uplif in gas prices.
Summary of where PVE is at:
1) $2.45m positive cash flow from operations for the QUARTER (the market cap for the company is $16m, go figure!)
2) Realised gas prices remained strong at €33.82 cents per cubic metre during the June quarter
3) The benchmark ENI gas release price was €46.19 cents per cubic metre for the month of June 2012
4) Growth potential as per announcements during July
Ann: Quarterly Activities Report , page-4
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