End of an era this coming Tuesday in Perth with the last Amity Oil AGM. Name change to Antares Energy from that time.
But more importantly in the near term, the likely commencement of Anatares as a US NG producer. Provided Ellis 1&2 come in. Initial combined production could be up to 10mmcfpd and actual sales into the NG Grid commencing next month. This will double the current annual gross revenue from $30m to $60m with a sizeable increase in bottom line net profit.
AYO
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