Very much agree Auto. DLS secured a good farmin for the tenement. IF.... BIG IF.. they got a goldilocks drilling result, it could possibly double DLS 2P reserves. Not that I expect such an outcome, as the Cooper is a fairly well explored basin, so chances are that while the prospect is covered by 3D, chances of success are still not high for exploration wells (appraisal and development is a different matter).
DLS Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held