ECH OXX

re: Ann: Commitment to Drill Matuku-1 - Taran... Am pleasantly...

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  1. rivermore
    2,603 Posts.
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    20/05/13
    18:29
    Post #: 11786390
    re: Ann: Commitment to Drill Matuku-1 - Taran... Am pleasantly surprised by the Matuku drilling schedule. Mid October for a drill result with potentially a step out early in 2014. It shows how confident OMV are about this prospect that they are pushing so hard. With nearby production facilities and several follow on targets, we could be looking at more than 100m bbls. Company maker notwithstanding the other two wells already underway. Exciting times ahead I reckon.
    OXX Price at posting: 21.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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