re: Ann: Backreef-1 Production Test Update - ...
I think after the Buru finds of late expectations are definitely high in the Canning. It's a short term reaction to the hype surrounding another potential new oil play that didn't deliver absolute proof of the intended find. Until the second well is drilled in the Backreef play only then will this location become a true fizzer or a goer in the minds of the market. Until then only the long termers have faith (which is myself).
GRK Price at posting:
0.4¢ Sentiment: None Disclosure: Held