The flooding has caused some issues unfortunately, down 8% on production this quarter which isn’t great. However we are still making mega bucks with good oil and gas prices - 405 million quarterly revenue. We are in the 5% of asx stocks making good coin in these challenging global economic conditions.
Growth projects, drilling and exploration are on the right track too. More patience is needed to see the production start to hit decent records and expectations. Seems like mid to late 2023 we should begin to peak and see the real business transformation take place.
Overall we are heading in the right direction during this transitional phase and move towards further product of domestic gas, oil and lng for export, during increasing energy security issues around the world.
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