USD $135K revenue, is 1 months revenue.
From Report.
Production
The Company produced 40 MMcfe (32 MMcf of gas and 1,453 barrels of oil/condensate) from the Williams No.2 Alt. well in the Mystic Bayou Field onshore Louisiana, USA. The well which had been shut-in since 10 February 2016 was returned to production on 26 May 2016.
Q3/Q4 set to ramp up. Investors that can read between lines and see the foundation building, will reap the rewards in the second half this year.
I spoke on the show " Your money your call", the day the Redleaf securities published their valuation on PSA at around $1. The one thing that remains with me from that conversation was,
"the people that make real money say yes when everyone else says no".
We can see the foundations that have been built over the last 3 yrs and the time the bear the fruits is immenent.
Time to get on the train before she leaves.
- Forums
- ASX - By Stock
- PSA
- Ann: Petsec Energy June 2016 Quarter Report-PSA.AX
Ann: Petsec Energy June 2016 Quarter Report-PSA.AX, page-8
Featured News
Add PSA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online