PSA 0.00% 2.1¢ petsec energy limited

The article in today's Australian is poorly written. It refers...

  1. 87 Posts.
    The article in today's Australian is poorly written. It refers only to the 20 mmcf from Vermilion 258 without mention of the 4.5 mmcf from West Cameron. People who don't follow the stock closely could easily believe that total production is presently 20 mmcfd & not 24.5 which is the case & which is due for an imminent increase. The difference between these two daily production rates at present NG prices in the States is huge for a Coy. with less than 120 million shares. It's difficult to guess people's expectations. I'm in for the long haul-------they're not getting mine for $1.20.
 
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