If Horseshoe was sold after just one drill and a side track (flow test accepted) to Oil Search I presume the logs matched Pikka (as you would expect as it's the same Nanushuk reservoir). 3D seismic gives the foot print and volumes are calculated from the log data.
Now we are pretty sure that the Winx data matches that of Horseshoe, defecto the asset
is more readily saleable than people think.
Makes RMP a bid target IMO.
RMP Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held