EGO 0.00% 12.0¢ empire oil & gas nl

Time to Fix EGO, page-19

  1. 4,559 Posts.
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    Fully baked the name says it all really...
    I don't think who need to do anything else than their current plan...
    They are connecting up more gas and boxing along in a poor market...a lot of the fundamentals will kick in through Perth basin investment and activity speared from awe and the follow on effects from last years major discoveries....
    One can only hope the right Lockyer deal gets tabled and with waitsia development ego can start to take hold of regional activity spilling over into ego...

    I think we will look back in many years and see the canning basin divestment as a good thing and a core focus in Perth as a key driver...
    North Perth basin is a top 10 basin in the world... It's taken time to prove this up and it's going to take more time but in the end I feel shareholders stand to benefit as investment starts to come in...
    This is the worst oil market in history, and ego is moving forward with it
 
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