PSA
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0.00% 2.1¢ petsec energy limited

Agree with the sentiments jocam & saltyThe only thing to worry...

  1. Scarabeo7
    143 Posts.
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    20/05/04
    12:59
    Post #: 473775
    Agree with the sentiments jocam & salty

    The only thing to worry about with PSA is that all this revenue and cashflow is currently hanging off a few wells on a single platform in the GoM. A single event that cut off production for any period would definitely be a BAD THING (remember MXO anyone?). I will rest a fair bit easier once the Vermilion wells are flowing and the company has diversified its income streams by a factor of 100%. Whoever recently asked the question about insurance hit the nail on the head.
    PSA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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