PSA 0.00% 2.1¢ petsec energy limited

Nice quarterly, hope they keep that up. No info about those...

  1. 1,317 Posts.
    Nice quarterly, hope they keep that up. No info about those onshore wells but can't expect everything at once. Not a bad result, some prudent hedging going forward. Great to see the production figures even if West Cameron is a bit down on what I expected. By end of November Petsec should be producing just under 30 mmcf a day which again is less than I had hoped for but not bad all the same given current nat gas prices.

    30 mmcf a day at say a net us$7.00 an mcf is a nice A$280,000 a day at an exchange rate of 0.75. That's not bad!!!!!
 
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