Wow with oil under US$50 a barrel all of these companies need to...

  1. 2,773 Posts.
    Wow with oil under US$50 a barrel all of these companies need to be seriously start rethinking not just their exploration but development plans as well. Take DLS wet gas program, is it really that viable at US$45 a barrel - in particular the FLAX feild which has just been bought online.

    One thing going in Drillsearches favour is that a lot of the expenditure is covered by beach and santos.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $644.7M
Open High Low Value Volume
20.0¢ 21.3¢ 20.0¢ $741.8K 3.578M

Buyers (Bids)

No. Vol. Price($)
14 968233 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 751052 8
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.