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Dana Petroleum, earning per share growth and prospective PE range 4 -6.5

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bomfin - Mon, 29 Dec 03 :

Good morning all,
I agree that a really big gas find could be interesting although relatively expensive to develop because of water depths and sounds like it would have to be gas to liquids.
What happened in the 100 minutes between Roc's announcement and Hardman's announcement. Were there good oil shows or weren't there?. No net to gross figure which leaves me feeling well in the dark.(No change there I hear you say:-)). Dana I understand have to give a decision on block 1 drilling before end Jan 2004 and block 8 by mid 2004. It's going to be interesting times.
Many thanks to MR P90 who kept this thread more illuminated than most.
Hope it's a good new year for all Dana holders.

regards bomfin


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