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weskirby - Thu, 30 Dec 04 :

tradx, no need to send you the full report:

"Dominion Energy plc is consolidated into the group figures and is expected to make a small profit this year after 3 years of losses"

I guess their one get out clause is if they interpret that to mean that they expect the whole of the year to 30/6/05 to make a small profit....but
a) seeing the size of the loss already in Q1 and
b) looking at the %age increase is sales that would be required to make this forecast and
c)the fact that they implemented this new radial drilling in Q1 2004 and there has no uplift in sales for 2 quarters...so are they implying that they have only done this on a few "test wells" and will roll it out to all the wells later in this financial year...to drive the large sales increase...look I am trying to be as creative as i can here!

.....well I know nothing of course......about oil.....and telcos......

dyor etc


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