PSA 0.00% 2.1¢ petsec energy limited

trading at cash-$0 for $15m production,drill, page-4

  1. 312 Posts.
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    This stock is so cheap!

    PSA will release its quarterly in next 3 weeks, that should show we are cash flow positive, production above guidence and show IMO we are a profitable producer even at current gas prices.

    Oil price is Rising and AUD falling also helps.

    For Blue sky we have Marathon #5 well, Marathon reserve update sometime 2013, I expect an increase, GOM prospects possibly to be drilled and the Alberta Shale (maybe no anouncements in 2013 but for the future).

    And we trade around the cash in the bank.
 
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Currently unlisted public company.

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