PSA 0.00% 2.1¢ petsec energy limited

new gom leases , page-10

  1. 3,353 Posts.
    re: new gom leases for omr If you already owned producing leases/infrastructure in the area, then buying neighbouring leases would be far more attractive to (say) PSA than another company starting off cold - a fresh company would need to start from scratch.

    Also US$200K or so they paid for each one, crikey is hardly even 1 weeks production from current leases.
 
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