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Amity Oil enters agreement with distributor

  1. brenden

    7,163 posts.
    In their letter to shareholders amity oil announces they have entered into an agreement to supply gas to an energy marketing and distribution group ,that currently supplies fuel to a large number of customers in an industrial area close to the gocerler field.
    the energy group will be responsible for marketing in the Misinli area also .
    This is a major announcement that will accellerate sales of gas for amity .it seems unusual to me that it was put in the middle of a letter to shareholders .
    Fundamentally this looks way oversold.
    cheers Brenden

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