SNE 0.00% 15.5¢ somerton energy limited

2012 expectations?, page-5

  1. 1,107 Posts.
    lightbulb Created with Sketch. 7
    i dont think the market is aware of SNE...but for what its worth

    EIA did a study one only a few basins

    Cooper
    Canning
    Perth
    Maryborough

    so money has flowed there...

    BPT did a study and came up with Cooper and Otway as most prospective,Canning had very little data to go on

    Now if and when the market wakes up to the fact that Otway basin is prospective SNE will be worth five times the amount ..

    read the quartleys 14- 48tcf potential..high liquid/gas the key

    so whats next after spending a year or so picking up ground.
    well they need to drill the best target
    then you might see that as most other basins are fully priced a rush of activity

 
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