Neither mining, nor O&G companies "generally" own their own rigs - for very good reason.
I doubt there is a justification for PTR to own it's own rig, and therefore I doubt very much that it will go down that path - management too good to do dumb things.
Very different (and expensive) story for GDY who are drilling beyond the conventional realm, into solid highly overpressured granite 5 km deep. They NEED their own rig.
EL
Neither mining, nor O&G companies "generally" own their own rigs...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 28.5¢ | $109.2K | 373.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1835 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 3502 | 1 |
View Market Depth
| Last trade - 15.59pm 20/06/2025 (20 minute delay) ? |
| PTR (ASX) Chart |