AED desperately needs to achieve some income source to boost confidence. I'm thinking that after the current round of flow testing, the best option would be to curtail most expenduture and just focus on redevelopment of Jerudong oil field. At current oil prices this should be very profitable. It's only a small project but would be a very welcome success. Without some success it will be hard to convince the market that they can be trusted with a $300m Brunei gas project or another go at Puffin.
AED Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held