TP - If Uruguay became a big hit, the skys the limit really and...

TP - If Uruguay became a big hit, the skys the limit really and $1-2 just for Uruguay would be a modest estimate. But as it stands, pretty remote imo - mind you who would have thought we'd be in the perth basin looking at a 69% COS with DC and gang gone. WE-2 and Spain are the ones to watch. A tri-fecta which is virtually impossible would be way above $4 imo. Try $10+.

Im completely focused on the Perth Basin. I worked for ROC oil back when Cliff Head was discovered and left once the Wellhead platform was commissioned. They always said that area was rich.

Keep your eyes on Xanadu with NWE and TEG. If they have success with that one the area will go bonkers. They are effectively tapping into the Cliff head area from onshore, then off to TEGs Arrowsmith facility a few kms away which is vastly underused with a huge ullage. Any oil at WE-2 could be trucked to Arrowsmith I suppose.