PGS ORG SXY

Ann: Update Origin Energy and Senex Energy PEL 514 Gas Farm-out, page-5

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  1. fastcar
    1,257 Posts.
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    30/06/14
    10:07
    Post #: 13587443
    This is an excellent outcome for PGS, Invertedva, the 10% Deeps (Patchawarra) on AQO TO numbers offered by Anatol = $20M+ , further supported by an additional $16M / $80M free-carry via Origin/Senex gas deal. Let's not forget they still retain 20% of the Oil, with PEL 514 holding good western flank potential in the northern portion. DYOR - but my feeling is 2c will be a thing of the past......
    ORG Price at posting: $14.66 Sentiment: None Disclosure: Not Held
    SXY Price at posting: 71.0¢ Sentiment: Buy Disclosure: Not Held
    PGS Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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