I suggested last week that the only bad news left may be an announcement concerning P-10 drilling. Well its out! Although anybody who suspected news other than todays must be walking around with a white cane! The SW sector was written off last week.
So it appears they won't be doing anything with th SW sector until the second half of next year - maybe!!!
No sh*t, Sherlock! I told you that last week.
OK so all the bad news is out (or is some bright spark on HC going to tell me they are having production problems? That "news" is SIX WEEKS old!)
So whats the good news. Confirmation that when the second tanker to depart the Puffin field does so this week with 315,000 BO (see announcement Operations Update 12/11) and shareholders will be $35,000,000 richer.
($A110 @ 315,000 BO - basis preminm over spot Tapis and $A at 87c)
PS Look at them panic as I type!
- Forums
- ASX - By Stock
- AED
- bearish news finally over
bearish news finally over
-
- There are more pages in this discussion • 23 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 AED (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online