Even this, combined with high oil prices has failed to stop a minor slide today.
I'm a bit puzzled and wonder if the market is so obsessed with the PNG-Oz pipeline that it is forgetting that OSH is making an absolute fortune at the moment. This is ludicrous given the other alternatives that are currently mooted with the liquids stripping facility the current favourite.
I see this as great news. A well should be able to flow in excess of 10,000 bopd if choke sizes are opened up. Sink 2 wells (albeit expensive for onshore) into the field and this will increase OSH's production by a large margin.
Flash
OSH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
