re: Ann: Quarterly Activities Report and Appe...
Gday Grizzle
Nice to find another s/h posting :) Are you in from the IPO ? Looking at the preso Cotts ppl437 is right in the thick of it, on the southern border you have the Horizon/Talisman PRL21 which holds about 800bcf (some of these structures appear to cross into 437. Oilsearch PNG LNG appears to be about 30km to the east of PPL437 and to the north there is the P'nyang discovery. Not far to the west is the Stanley discovery on PRL4 (Talisman/Horizon) In short PPL437 is smack bang in the centre of significant oil and gas assets owned by the majors.
BDM Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
