MOG 0.00% 0.5¢ moby oil & gas ltd

cannot believe sp, page-74

  1. 2,387 Posts.
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    Some points from a poster from another site.

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    The pressured zone above gives me some comfort,not much but atleast it was sealed, no seal and we get no gas, so atleast the 1st base was sealed, no certainty below but the 3D data is showing a gas charged formation with a clear gas/water contact line. My biggest concern is the trap and the seal, if the trap is solid and sealed it will be game on.

    The sheer size of this structure will likely dwarf pluto for woodside, to have PBR delivering a knock out bid to take 50% with a big cash bonus for MEO shows us just how significant this structure is. Im purely backing the knowledge of Pertro Brass as these guys are experts, no certainty but they obviously feel its worth rolling the dice.

    We could get some news on monday, i think fridays trading could see another rise as traders get on, wednesday/thrusday saw all week hands/profit takers move out leaving today and friday set up for for new money to flow into MOG
 
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