1. Most Discussed
  2. Gainers & Losers
IND 2.1¢

Indus in the news...

  1. motboy

    204 Posts.


    Last week we noted a couple of oilies looking to pick up bargains as distressed producers sell off projects to help cope with the plunge in oil revenues. Add Indus Energy (IND) to that list. The share price at 2c belies the scale of ambition, which is to become, quick-smart, a mid-tier North American oil producer. Indus has picked up oil sands ground in Alberta, has committed to four re-entries into old wells at a total cost of $700,000, and then will proceed to drill 13 low-cost ($600,000 each) wells to test oil flows. On top of that, the junior has plans to pick up surrounding ground to enlarge its footprint.


    [email protected]

    No investment advice is implied and investors should seek professional guidance. The writer does not own shares in any company mentioned.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.