"That would be interesting to know, is whoever ends up with 218 obliged to inform us if they hit hydrocarbons in our post permian holding on the way down to the permian shales"
That's a very good question. I will ask Carl when I catch up with him next week.
"See those excised bits out of the middle of 218 they are Santos production licenses so it would begger belief that we would not find something worth having if 218 was drilled out on 640 acre spacing."
EXACTLY 6!!!!!!!
Nice to be talking about the many strings to the ADE bow, over and above the shale gas play. Paints are more clear picture, given the suite of permits and the geographical company that they share.
ADE Price at posting:
11.0¢ Sentiment: ST Buy Disclosure: Held