The directors /management of byron energy have been extremely successful operators.In the company's recent investor presentation they have highlighted their exit multiple of investment in the oil and gas industry.Examples were petsec 25.9x,Darby energy 10.8x,eastern star gas 6.47x,sapex 20.0x,aurora exploration 8.5x.Wells initiated by byron executives have produced 22 mmbo and 263bcf of gas since 1992,they have a 83 percent strike rate when drilling oil and gas wells(almost Bradman like).I think the above record speaks for itself.
BYE Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
