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News: Advent Energy poised to develop gas resourc, page-7

  1. elfilio25
    27 Posts.
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    27/05/14
    20:06
    Post #: 13423126
    re: News: Advent Energy poised to develop gas... It's because it's very expensive to drill an offshore well and the chance of success is low. Horribly low. They need to make money from their proven reserves before they have money to risk on an offshore well. They should get a major in to assist to reduce risk too. They have been talking about developing their proven reserves for a long time but there seems to be a lot more talk than action from Breeze.
    MMR Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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