re: STO - Cue & Indo Developing fields in Indonesia. Recent gas discoveries around the sampang PSC ( not where they had the last hit ) plus the Oyong finds last year would cost approx 200 million to develop.
Notice the strength in Cue over the last week, while other oilers have been smacked. I look at my Cue compared to my HDr and I know where I wish i had the money.
CUE Positive and realistic PE ratio plus a lot of activity and development potential in the near term.
STO, page-2
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$7.74 |
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