DLS drillsearch energy limited

Ann: Investor Roadshow Presentation, page-6

  1. DSD
    15,977 Posts.
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    A big attraction is that most revenue is derived from oil or 'wet gas'. LNG (imo) is to be avoided at all costs. It is already in oversupply with a tsunami of new prod about to hit a falling mkt. Somehow it seems weehere in Oz face rising gas price while our exported gas has halved in price in 3 yrs.

    Oil up so far tonight but LNG is at an ATL! can hardly be worse.
 
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