HOG hawkley oil and gas limited

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  1. 215 Posts.
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    Good Announcement and already funded is good. Also looking for cheaper, shallow and faster drilling is also a good thing. Anything from 202 is a bonus and the SP is a joke even with 201 only.

    As the announcement stated they have a new drilling manager and I reakon they will develop the Soro field into a 50m p.a. cash cow over time not withstanding that last year was a disaster.

    Gas plant is on line and PE is just about 1 now. Huge buy at these levels
 
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