PSA 0.00% 2.1¢ petsec energy limited

not very well understood, page-7

  1. 3,353 Posts.
    to curry all the above up, now the cold weather is kicking in, like really kicking in.

    I don't think the gas prices are going to go berserk - the buyers are too well stocked up after the big spike 2 yrs ago for that to happen again - but it will certainly keep demand high and therefore continue to gobble up whatever is in storage.

    Frankly, as long as gas prices stay >$5, PSA is onto a huge earner. Fine, I too get p1ssed off with the lack of disclosure, but qrtly report time is coming up and also in a few months year end accounts are coming as well, and they cannot escape either of them. They are really testing my patience, but I can see no reason to be selling with every well they drill a success and production growing and prices staying firm.
 
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