Ann: Fortnightly drilling report - Another succes, page-18

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  1. 1,908 Posts.
    re: Ann: Fortnightly drilling report - Anothe... I don't think SXY has the resources to challenge DLS in a bidding war and win. But strategy wise they certainly should be ensuring DLS pays top dollar for Acer.

    If other opportunities arise e.g. Full t/o of OGY then SXY will have plenty of cash.

    They certainly need to be careful about overextending on leases. Because the shale is not going to be cheap to exploit!

 
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