STU 0.00% 94.0¢ stuart petroleum limited

Looking at the QTR Stuart is now also looking beyond the...

  1. 9,508 Posts.
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    Looking at the QTR Stuart is now also looking beyond the Cooper.
    Remember they produce around 900000 barrels per year and will be basically unhedged by the end of june, meaning even more dollars in the bank.

    With this kind of revenue they will have the means to do some deals outside their home ground.
    Could they take a share of Madura being already a partner with COE in the Cooper basin???

    With Stuart as with Cooper everything is now possible since Tino has now decided to look further afield.
    Another money maker could be the diesel refinery that could add substancial value to their produced oil.
    In the meantime they will work on their newly discovered Padulla oil discovery and want to bring it as soon as possible on line to make the most of the high oil price.
    Being in the Cooper close to excisting infrastructure that could be done in a relative short time span.

    I believe that this ugly duckling of the cooper is changing to a beautifull full grown duck soon.

    jojo
 
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