EMP 0.00% 2.1¢ emperor energy limited

I am sadly 100% confident that OBL will not be drilling a well...

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  1. 7,303 Posts.
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    I am sadly 100% confident that OBL will not be drilling a well next year on the Derby block.

    Why.. because they just got an extension to undertake seismic... not drill a well. Then you have the simple reality that to drill a well that will actually core the Valhalla gas, would cost $6-10 million on a stand alone basis. Where... is OBL going to get that sort of money. Especially if they only end up with 25% of the block.

    Anyway, clearly you can only see what you want to see raider. So go ahead and keep holding. As for whether you put me on ignore or not, ha. You won't be the last to do so.
 
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