OIP 0.00% 4.3¢ orion petroleum limited

any news from meetinget, page-19

  1. 3,890 Posts.
    Good Oil,

    Come on back up your claims with some concrete answers.

    "There have been a few farmins to Canning acreage over the past 2 years."

    Which companies? Which deals are you referring to?

    "You are no doubt aware the Canning Basin hasn't exactly thrown up...well any oil.
    ** Same/same OIPs permits?"

    OIP haven't drilled for any conventional plays as far as I am aware. Toenda 1 would have been nice but they haven't. How does this in anyway reflect on the prospectivity of the Canning Basin permits?

    "For every seller there is a buyer"

    Not if there are no buyers (refer to previous comment about market depth).

    I believe it was JW and if it was I stand corrected on that front.

    Cheers,

    JT



 
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