Production from B-2 was initially expected to begin mid-December
Petsec holds a 12.5% working interest in the well
Oiler on track to drill Main Pass block mid-August
Company expects mid-December production
Hummer revs up but Middle East growth stuck in neutral by civil war
Petsec surges by more than 15% on first production at Hummer in GoM after hurricane delays.
Personnel movements for June 21, 2017.
Sydney broker says Petsec could "rationally" be worth $10 per share based on Yemen potential.
Petsec chairman says the company could generate $32.5M in income from Yemen and the US next year.