BYE 0.00% 4.9¢ byron energy limited

Seems the Directors of Bye have all gone quite other that to...

  1. 261 Posts.
    lightbulb Created with Sketch. 48
    Seems the Directors of Bye have all gone quite other that to make sure their free unlisted options have been put in place!
    Considering the following;

    "SM71 Project Area 3D Seismic Processing Agreement
    During the September quarter, WesternGeco, a Schlumberger subsidiary, continued processing 3D seismic data
    over the SM71 project area in the Gulf of Mexico.
    Upon completion, Byron will increase its contiguous 3D seismic data coverage in the SM71 project area to a
    total of 172 square miles (445 square kilometres) or 22 OCS lease blocks of high-quality 3D seismic. The scope
    of work is custom-tailored to Byron’s imaging objectives adjacent to the SM71 salt dome and is the largest
    seismic processing project the Company has ever undertaken and Byron personnel will be closely involved in the
    processing undertaken by WesternGeco.
    The processing portion of the project is expected to be completed by December 2018."

    I would expect prudent directors would at least provide an interim report if the full report is not yet ready, to at least reassure our flagging share price!
 
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