Scale is more important in Oil then it is in Gas. You need scale to make uneconomic Oil wells to be marginally economic to run.
Can't see Senex board approving a take over offer unless its at a significant premium, which means it would have to be on market. Then good luck with that.
- Forums
- ASX - By Stock
- SXY
- Ann: June 2021 Quarterly Report
Ann: June 2021 Quarterly Report, page-38
-
- There are more pages in this discussion • 2 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
Add SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online