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0.00% 2.1¢ petsec energy limited

forward sales at us$7, looks smart play, page-10

  1. sushi1
    6,389 Posts.
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    22/04/05
    08:31
    Post #: 881698
    re: us$15m positive cashflow this year? (omr) OMR:

    Have you looked at the AP in detail?

    Can you figure out the details about what they spent on St James Parish or the onshore LA wells ?

    Does it look like they were both already taken at full cost in 2004.

    Also with WC, they already took a huge hit to the BS in terms of DDA already. SHouldn't that make the figures even better this year?
    PSA Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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