PSA 0.00% 2.1¢ petsec energy limited

odd lots, page-15

  1. 329 Posts.
    re: re:how much effect of gulf hurricanes? Vasco, all current income is from GOM. Fields are well separated so its unlikely all locations would be affected by a single hurricane.

    For the new blood wondering about hurricane effects PSA has full insurance for the platforms and loss of income.

    Loss of a platform is a very low probability. It does happen but is so small to be statiscally insignificant given the hundreds of platforms out there.

    The hurricane season should end in the next 2-3 weeks.

    Hurricanes are not a biggy for Petsec given the insurance position.
 
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