They seem confident enough to announce their intentions to go for offset wells next .
Anyone know whether production holds these leases ?
Wondering what proportion of their 72,000 acres they can hold , afford to renew and how much they will just have to let go due to finances . They got them cheap but might not be so cheap to renew .
This is going to be awesome when the POO really picks up in a couple of years time due to the deferment of major projects .
SXA Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held