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10.0% 0.9¢ australis oil & gas limited

News: ATS Australis Oil & Gas Says HY Net Loss After Tax $13.8 Mln, page-15

  1. nammuldi
    3,358 Posts.
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    11/09/23
    15:35
    Post #: 69813354
    suspect price of oil dragging ATS up if not prospective JV partner - oil shale patch still in using completed wells to drive production - new wells drilled still not happening and so until such time we see a big increase in rigs and a restart to new wells drilled i dont see why ATS strategy will work atm becuase there is still easier plays to bring prod online than ATS ground
    ATS Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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