AWE awe limited
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dec qly report

  1. smartdude
    3,264 Posts.
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    24/01/13
    18:28
    Post #: 11332159
    Going on the last couple of Qtrs where the following KPIs were achieved:

    EBITDAX June 12 $32m
    Sept 12 $43m

    Prodn June 12 899k BOE
    Sept 12 1,000k BOE

    Bass Gas will add around 150k BOE in my opinion

    Based on the exponential growth in Sugarloaf production that could add 20-30K boe quarterly production. The brakes will also be taken off of development and exploration expenditure.

    The Brent Oil price has held up OK (>$110) so EBITDAX could comfortably exceed $50m for the quarter.
    AWE Price at posting: $1.18 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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