STU 0.00% 94.0¢ stuart petroleum limited

Olive,It's not but all previous indications were that it was...

  1. 1,987 Posts.
    Olive,

    It's not but all previous indications were that it was either dry or uneconomical.

    From STU's point of view if it produces at this rate, they have now earned another profit stream of about $3,000 per day (that's after all production costs) and it didn't cost them a cent to drill and complete this well!!!

    By my calculations that's worth about 8c per share.

    Cheers

    Badfish
 
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Currently unlisted public company.

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