PSA 0.00% 2.1¢ petsec energy limited

re: vermilion ad wells under way Sure Sushi but we now have that...

  1. 1,317 Posts.
    re: vermilion ad wells under way Sure Sushi but we now have that Vermilion G-3 accelerated development well away with the G-7 to follow immediately after.

    Neither should take long to drill or tie in so within a month to six weeks we will have double the production at Vermilion just in time to meet winter demand.

    What is really surprising to me is that despite he higher than average storage levels US nat gas prices show no sign of weakening.

    The there are those mysterious onshore wells which Petsec is reluctant to say anything about. Hope they are on to something big with these GOM look alike targets. And Main Pass drilling is only a couple of months away.

    I won't give any price predictions this time around but by this time next year I suspect the shares will be at least double what they are today.
 
watchlist Created with Sketch. Add PSA (ASX) to my watchlist

Currently unlisted public company.

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