PSA 0.00% 2.1¢ petsec energy limited

v arq v ayo - production comparisions

  1. 7,063 Posts.
    There are 3 small spec oilers who are currently winning spectacularly with their business plans, of course I am referring to PSA, ARQ and AYO. Let's do some rough comparisons.

    Currently.

    PSA share of production is 18MMCF/d @ an average price of $5/MCF, or roughly A$1M a week. production costs minimal. no security risks

    ARQ's 50% share of 3,600 BOPD is currently being sold for $30/BBL, or roughly A$650,000 a week. production costs minimal. no security risks.

    AYO 50% share of 13.2MMCF/d @ an average price of $4.75/MCF, or roughly A$400,000 per week. production costs ???. some security concerns.

    Future.

    PSA, similar structures to drill, could see reserves and earnings increase 2-4 times. highly volatile gas prices although should ave US$3-$5/MCF. other small income from royalities.

    ARQ, increase to 5,000 - 8,000 BOPD. similar structures to drill, could see reserves and earnings increase 2-4 times. highly volatile oil prices although should ave US$25-30/BBL. Future income from CH.

    AYO, increase to 20MMCF/d (from 30??). Large structure to drill June, plus others. Could see 3-8 times increase in reserves and earnings. stable gas prices around US$4.50.

    From this simple comparision, PSA is the current leader but ARQ could put it's nose infront. AYO is just starting her run and could streak the field (lets hope her muslim jockey doesn't fall off!).
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.