The important info to know is that they only have a 3.7% net...

  1. 11,430 Posts.
    lightbulb Created with Sketch. 2671
    The important info to know is that they only have a 3.7% net revenue interest in these HI wells, so net operating cashflow from the two wells will top out at $A8mil/pa at best.
    What you're investing in here is very good management who are capable of repeating this success in the near term - I'm anxiously awaiting some news on their 100% held HI lease for maybe a farmout & a possible drilling program.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.