OIP 0.00% 4.3¢ orion petroleum limited

Good Oil,Come on back up your claims with some concrete answers....

  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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