STU 0.00% 94.0¢ stuart petroleum limited

The Annual Report shows what a great platform for growth the...

  1. 5,867 Posts.
    The Annual Report shows what a great platform for growth the company has assembled over the past 18 months.
    Current reserves over 3 mmbls and with a big drilling programme commencing this Saturday.
    Worrior #2 is pure cash flow (unhedged) and any reinterpretation here will lift reserves.
    Then the mighty Arwon-which twins Worrior.
    Then a small target in an excellent location followed by the big gas play-Doriemus!!!
    Double the reserves in the next 12 months ?
    (The Report is very easy to read and sets out what should be disclosed for a change-cf BPT!)
    Cheers,TAS
 
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Currently unlisted public company.

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