ARQ 0.00% 38.0¢ arq group limited

next drilling

  1. 1,442 Posts.
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    Talked with eric last week. He was hoping that next drilling campain would commence in August. Extremely positive for stock in next 18 months. Currently pumping 5000 Barrels Oil day ( this includes Erima ). Clearly they will invest their cash flow into new wells. Dividends 03/04 are a possibility. Cost of production is cheap and he expects figures to be good for 2nd half.
 
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