Sorry to hear it inverted, I had the production as double the first quarter meaning an increase (Although massively down on historical levels). Its a good thing the AUD is low as it makes the bottom line look better. Further details of the farm-out like who is going to fund the pipeline (been talked about for years) are "hoped" to be released to the Market in 3 months time. Perhaps there is also another offshore license up for grabs and potential farm in for both? Time will tell, unfortunately it takes to long to get things done in the Italian environment multiplied by price of gas and European doldrums. everyone must be down on this one, sorry to see you go, all the best and may you not make the same mistake again.
PVE Price at posting:
6.8¢ Sentiment: None Disclosure: Held
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