PGS 0.00% 0.0¢ planet gas limited

Tony, You've got to wonder why an oiler in the US is willing to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,719 Posts.
    lightbulb Created with Sketch. 114
    Tony,

    You've got to wonder why an oiler in the US is willing to sell future income streams at a discount. Are they desperate for cash, or do they know more than us about the decline curves?

    That is why the company should be telling us about these assets, so we can make up our own minds. But they chose to release an ambiguous announcement that provide no real details. And, it cannot be argued that those details are being kept from us for competitive reasons.
    Last edited by invertedva: 19/08/14
 
watchlist Created with Sketch. Add PGS (ASX) to my watchlist

Currently unlisted public company.

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