re: Ann: 2013 Full Year Results Briefing Pres... Cheers for that g12m0.
I was not aware of the slight premium to brent that DLS is receiving.
You mention the wet gas in PEL106b, just wait until the DLS/Santos joint venture gets production going in PEL106a & PEL 513.
I was also very pleased to see that Flax will be put back onto production, although I am hoping for much more detail regarding how many wells will be put on. (There is still a lot more to come in regards to the tenements purchased through the ACER takeover).
I 100% agree with you regarding PEL 91. As you can sell below, the amount of potential prospects in just that 1 tenement are huge. If you scroll further, you will see the drilling program that DLS has planned, which includes 14 wells alone for PEL 91 in the next 12 months alone.
I am still waiting patiently for further upgrades to the size of the Bauer field...(which have been due since the start of the year...)
Then you have PEL 182, which has not really be discussed by DLS management yet, but from what I can see, it is very much within the Western Flank Oil Fairway, with, like PEL 91, a large amount of prospects.
Ann: 2013 Full Year Results Briefing Presentation, page-7
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