AOE arrow energy limited
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Hi Folks,What's the thought on Vietnam?My first thoughts are...

  1. entropylord
    14,184 Posts.
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    11/01/08
    12:22
    Post #: 3234858
    Hi Folks,

    What's the thought on Vietnam?

    My first thoughts are
    1)that it's quite a large permit
    2)close to a market, in fact replacing a declining conventional supply to that market
    3)8 wells in 12 months good for near term newsflow, also presumably implies they already have promising data on the coal.

    Good longterm, low entry cost positioning imo.

    Potential negatives?
    PSC terms always an important factor. Anyone know what these are likely to be like?

    EL
    AOE Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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