Ann: December 2023 Quarterly Activities and Cash Flow Report, page-6

It sounds like the focus is big ga$$$ projects being the backbone of the company's future growth, with projects being lined up domestically as well as North America.

"LNG and Australian domestic gas prices have increasing as a result of the lack of new gas supply and under investment in the sector and this will underpin the company’s future growth"

Kane Marshall the new MD has extensive experience in the various Australian basins;

"His diverse experience base includes technical and managerial roles with private equity, junior and major oil companies with extensive experience in deal flow in the Perth, Canning, Carnarvon and Cooper Basins in Australia"

This focus on gas domestically is a good move imo if they can get right projects on board. I mean look at the following for some examples;
* BPH - PEP11 gas sydney basin - mkt cap over $100m at one stage
* NWE - had the Lockyer Deep well in the Perth Basin was recently taken over by MRL for $460m.
* STX - came into the Perth Basin on the back of 50% in West Eregulla now has a market cap of $1.22 billion. WGO which had the other 50% was taken over by Hancock Energy.

Intrigued with what has been lined up. A half decent project (amongst many) and we are many multiples of the current shareprice imo.

We now wait patiently for the news to drop any day.....

DYOR