ELK 0.00% 1.4¢ elk petroleum limited


  1. 4,838 Posts.
    At current oil prices (SDS is running close to Aus $80 barrel) net revenue should be running above $1.4mil per quarter or $5.6mil PA. As opposed to $1mil last quarter......

    With the oil price at current levels I expect they will be able to negotiate a pretty good JV deal on the Muddy...

    and if all goes to plan we may be looking at $100+Aus per barrel from the upper sands..

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