This is my take on the timeline currently on play.
With my estimate of current PE at ~7, IMO sp will gap up to 70's, if not higher on good news.
Announced recently:
21-Feb – Production Update – Gross production of 8,800 bopd
21-Feb – Production Update – Tanker capacity currently ~9,500 bopd
04-Mar - Drilling utilizing two rigs recommences (noticed this was only announced in asx?)
Forecast to be Announced:
18-Mar - L44-R Exploration Well test results
18-Mar - Production Update – Gross production > 10,000 bopd
18-Mar - Production Update – Tanker capacity > 10,000 bopd
25-Mar - NS1-D1 Appraisal Well drilling results
25-Mar - POE-9A Appraisal Well drilling results
7-Apr - Environmental approval for ~27 development drilling locations at Wichian Buri and Na Sanun East oil fields
15-Apr – Testing several deeper zones wells below the currently producing main zone at NSE
Apr - inclusion in asx300/500
May - Reserves update
On the down side, it's coming up to the anniversary of Hartleys 160 millon share placement last year, so could see some profits locked in reduced CGT.
cheers and luck to all
neo
PS Of I have missed anything, please add.
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