Increase in production? Yeah right!. They've actually stopped production at SJB until they arrange a new sales agreement on better terms for the buyer. There appears to be a $10-$20mill decrease in planned spending this year because MIE Holdings are very short of funds. LXG East very poor gas flows especially if one looks at the gas pressure. No word on approvals.
This is a train wreck and the short upswing on chart will be destroyed in the next week IMO.
- Forums
- ASX - By Stock
- Ann: Sino Gas - Q3 Cashflow Report
Increase in production? Yeah right!. They've actually stopped...
-
- There are more pages in this discussion • 8 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 SEH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online