OXX 5.26% 3.6¢ octanex limited

palta as seen by whn

  1. 1,027 Posts.
    In a three page update from WHN this morning they included the quoted paragraph re Palta.

    "WHL Energy continues to monitor drilling activity being undertaken by a Shell-led consortium in the
    adjoining WA-384-P licence area.
    The Palta-1 well is expected to reach its Total Depth (TD) by the end of July, and drilling success
    there may provide a major value uplift for WHL Energy and its WA-460P partners, with the Palta
    prospect interpreted by WHL Energy as potentially containing up to of 13.5 Tcf of gas, with
    approximately 20% of the prospect lying within WA-460-P."
 
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