EPR 0.00% 0.7¢ essential petroleum resources limited

essential taps into gas flow, page-3

  1. 6,284 Posts.
    Love para 5.

    It inculcates a false field size and value to the skimming reader,and has absolutely nothing to do with field size and everything to do about gas prices in Australia .

    We know that dry gas is sold globally for around 3 to 11 dollars per thousand cubic ft. and locally in the mid 4s give or take.

    Condensate (no matter what it's make up,)sells at a premium to light sweet high API crude,( arund 130/ 140/bbl currently) and although specifically refered to in the concise asx anns, doesn't rate a mention in this under researched journo's blurb.

    Read into this sort of ''inaccurate'' journalism what you will, but I see it as agenda filling/ broker order filling.

 
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