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24/07/17

07:14

Post #: 26033409
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Originally posted by rivermore ↑

I'm an early starter pal, the oil and gas industry sleeps for no one (unfortunately). Should be an Ophir update today, third producer should be close to complete. Project looking good, just need the oil price abit higher and all the boxes would be ticked. Ascalon is looking interesting also, Santos and co are committing to Barossa which will cost them a heap whether they go for a tie back or a new pipeline to Wickham Pt. I notice the Beehive Prospect is also being pushed around again, if it gets a backer, the prospects of Ascalon development will be even stronger. GLTA.

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At face value does that put Ascalon back in the cupboard with the intended development of Barossa/Caldita?
All those CO2 problems and so remote. Why would you bother when you could have Ascalon for 450 and a relatively simple tie back. Burr....burr....

OXX Price at posting: 9.0¢ Sentiment: None Disclosure: Held
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