Oil price recovery gives Aussie smallcap confidence in US Permian

ASX-listed smallcap Winchester Energy will launch a low-cost re-completion campaign across several wells at its onshore Mustang oilfield in the East Permian Basin, Texas.

Oil price recovery gives Aussie smallcap confidence in US Permian Oil price recovery gives Aussie smallcap confidence in US Permian Oil price recovery gives Aussie smallcap confidence in US Permian Oil price recovery gives Aussie smallcap confidence in US Permian Oil price recovery gives Aussie smallcap confidence in US Permian

 

The ‘minnow' oil producer, which has a market cap of $17.9 million, told shareholders it was bullish about the macro-economic environment and planned to increase production.