TSXV:PEH.H - Post by User
Post by
nelsonnellyon Sep 16, 2014 1:17pm
204 Views
Post# 22940635
LS36-1 Gas Field
LS36-1 Gas FieldIs it strange that PEH has not explicitly announced that the LS36-1 Gas Field is in production? CNOOC did so, I believe, on July 29 or 30. I'm not sure that keeping investors in the dark about this makes sense. Their next quarterly report is due at the end of November. Hopefully they let us know how things are progressing on that front before then.
Also their PR team can do a better job getting this name out in the public sphere. I think a company with as good a potential as PEH ought to have, at a minimum, a few analysts covering it. My prayer is that the company secures the requsite financing and reports great news on the production front all before the end of October. If this happens, Christmas would have came early for long time holders of PEH like myself.
Any thoughts?