ATS australis oil & gas limited
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they are really saving captial by not installaing an artificial...

  1. thirdeye
    441 Posts.
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    01/11/23
    09:16
    Post #: 70657876
    they are really saving captial by not installaing an artificial lift and are happy with lower production (albeit lower cost). I think they would require a Beam Pump ( also referred to as nodding donkey) which can be fairly expensive to install. Holding onto the cash balance at this point.
    ATS Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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