BYE byron energy limited

Share price trading sideways on low volume .Oil price doing the...

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    Share price trading sideways on low volume .
    Oil price doing the same thing .

    Next thing is the tubing unit intervention to access another zone in the G5 well .
    Fingers crossed for a decent increase in production from that .

    Good thing they did not have to access the full loan amount and the hedging and payback provisions were changed accordingly .
    Cash should be growing strongly during the interest only period .

    The next quarterly will tell us how we are siting production wise and financially too .
    Hope 2024 is the turning point in the trajectory of the business .A couple more successful wells in the next tranche of drilling could see it happen .
    They have a few low risk appraisal wells they can drill before they take on the next new platform development .
 
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Currently unlisted public company.

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