HHR have approximately 90MMboe (2C) in their Stage 1 portfolio.
NEO acquired Zennor earlier in the year, which added 40MMboe (2P) to their portfolio for approximately $625M USD.
We are due to move from 2C to 2P within the next 6 months or so. Once complete we will undergo a significant rerate as we will be wanted by major players.
Note Gas has nearly doubled since this acquisition and our portfolio could be double the size. A takeover of $500m USD + could definitely be on the cards at some point next year.
https://www.neweuropeanoffshore.com/neo-energy-to-acquire-zennor-petroleum/
Ann: Operational Update & Substantial Increase to GIIP Volumes, page-12
Add HHR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $16.85M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $9.812K | 1.635M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 13072176 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 5073083 | 8 |
View Market Depth
| Last trade - 15.53pm 26/07/2024 (20 minute delay) ? |
| HHR (ASX) Chart |