The potential in Caterina prospect is huge but the chance of of getting no HC is also quite high. The geological settings here are similar to one drilled at Wa 388 The la Rocca well is operated by Apache and found no HC. Further apart we Meo artemis also with no HC
My bet is Winchester! and am taking a punt on this one rather than Cue. Bear in mind, Santos is a shrewd oiler and they will find the gas and provide us blockbuster returns.
Just need to wait patiently for another 6 months or so.
OXX Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held