PVE po valley energy limited
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If they drill the second Vitalba well (Castello) and that...

  1. danny3
    1,546 Posts.
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    27/04/11
    22:36
    Post #: 8319567
    If they drill the second Vitalba well (Castello) and that produces as the geological models suggest, that should prompt a re-rating of Po's value. I can't see much this year otherwise, unless PV finds a farm-in partner for Fantuzza.

    But success at Castello is not guaranteed by any means, and I'm expecting that to be (like everything else Po does) delayed (so I'll be happy if they drill the well this year).
    PVE Price at posting: 23.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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