ROG 25.0% 0.5¢ red sky energy limited.

the sooner rog prove up the better

  1. 863 Posts.
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    For your reading pleasure from proactive investor.

    Thursday, May 03, 2012 by Bevis Yeo

    Origin Energy, Red Sky Energy and other gas players to benefit from East Coast gas price rise

    The sooner ROG prove up their resources the more likely
    the market will re-rate in line with rising gas prices.
    Need to have an available product though.....

    Proven production flows from Talma would be a good start.

    Taken with a grain of salt, the following extract sounds
    encouraging:

    "managing director Rohan Gillespie telling Proactive
    Investors recently that interest in the use of its gas for
    domestic power generation has been growing – an indication
    that consumers are already looking to lock up gas supplies
    at somewhat lower prices."

    Take from that what you will.

    Gaspew ;)
 
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