WCL westside corporation limited

bow dj interview - relevant to wcl, page-2

  1. 8,763 Posts.
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    the reasons I think it is relevant for WCL is:

    * all of WCL gas is uncommitted
    * WCL is probably better located to infrastructure than BOW
    * WCL has previously stated it is looking at options of LNG and/or domestic - incl ammonia, power stations, LPG etc
    * BOW said it is targetting 2P of 100PJ by end of 2009, and 450pj by end of 2010.
    WCL is targetting 250pj of 2P and 1,000PJ 3P "in near term"
    * BOW says it may consider an equity stake in its reserves (WCL could do same)
    *"....securing a heavyweight joint-venture partner would help finance the development of its CSG fields." Same applies to WCL !

    How come WCL is shadowing BOW in the target reserves and getting the good results, but is trailing in the share price stakes ????
 
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