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6.90% 2.7¢ provaris energy ltd

it's a great strategy.low cost wells next to existing pipelines...

  1. rogerdat
    6,467 Posts.
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    04/09/12
    13:23
    Post #: 10667859
    it's a great strategy.

    low cost wells next to existing pipelines gives you pay back in 1 year approx @ 50 bopd.

    generating revenue results in less need to tap market and adds respectability IMO.

    DR11 news is required for me to go in heavy on heads.atm I have punting money on oppies and a few heads.

    USA is a sideshow IMO compared to Perth basin.big things are happening there!

    GEV Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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