Let assume og prices remain at $45poo and $6.00 mbtu
There're two possibilities: supply gluts and gas crisis.
Supply gluts. There're too many big gas projects comming online. This is short term but how long can smaller players have the luxury to wait without any production gears to protect shareholders. Low oil prices do hurt market sentiments that's why you always see a pool of shorters when the sp. heading north.
Gas crisis. I have seen both big/small projects slowing down. If they stall for too long. Can conventional players quickly ramp up their production according to prevail market conditions. DO they have enough capital to work on their existing projects. Will they lose out to bigger players.
So the ideas to store gas and to store oil in the formations which are better suited in both environments.
I know DLS, AGL, ORG are having potentials but by the time I wait for oil to recover. BRU might become the top tier player. OSH is no-match for AWE if you want to weight on OIL.
There's also another emerging bio-gas business that can work extremely well in both environments. GDY
- Forums
- ASX - By Stock
- DLS
- Ann: Investor Roadshow Presentation
Ann: Investor Roadshow Presentation, page-23
-
-
- There are more pages in this discussion • 159 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Deep drilling at Mulga Bill confirms gold to 500m depth, indicating further exploration potential
SBW
Shekel Brainweigh reports a 50% revenue increase in its Retail Innovation suite and delivers the first batch of 20 Smart Bays to Hitachi as part of a larger order
Add DLS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online