Petsec Energy Ltd (ASX:PSA)

Terrence Fern
Exec Chairman
Market Cap (AUD): 9.68M
Sector: Energy
Last Trade (AUD): 0 +0 (+0%)
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1. About

Petsec Energy Ltd (ASX:PSA) is an independent oil and gas exploration company that holds interests in two blocks in Yemen, 80 kilometres apart in the Marib Basin Damis (Block S-1) Production Licence and Al Barqa, Block 7, Exploration Licence.

Petsec Energys corporate objective is to create shareholder value through successful oil and gas exploration, development and production, thereby building the Company into a significant mid-tier oil and gas exploration and production company, respected in the industry for its technical skills, timely and cost effective delivery of projects, and the integrity with which it conducts its business.

The Companys strategy is to maximise the value of its current reserves, pursue participation in high quality, high impact exploration drilling opportunities, and to acquire leases, with undeveloped or producing oil and gas reserves, which hold significant development, low risk exploitation and exploration potential.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk