TDO's arrangements in regards to their oil fields 31 and 57 have been accepted by shareholders. They are doing seismic work on their TP49 gasfields together with Beach. With the gas shortage and higher gas prices next year, the question is if TDO with Beach can bring these gasfields quick enough into production to take advantage of higher domestic prices... Is there a timeline with regards to bringing these fields online? What would be the share price ramifications?
TDO Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held