thr0w101

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BUY PMO by thr0w101 on 21 Dec 2017 10:22

Price at rating: , now: …

With decreasing CAPEX & OPEX, increasing production from new fields coming online, this should push up profits resulting in the reduction of their Debt/EBITDA ratio with no major financial obligations until 2022! Major events that can be good boosts to the share price in the next few years: Catcher to come online followed by the Chim Sao infill well, Tolmount and maybe Tuna/Sea Lion. There are also more assets from EON aquisition that can be sold, gas portfolio inherited from EON would also do quite well considering the high gas prices now and not to forget the long term very profitable gas contract from the Indonesian fields to Singapore!

10:22:22 21 Dec 2017

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