MOG 0.00% 0.5¢ moby oil & gas ltd

Haasko,Yes, a little knowledge is a dangerous thing.Thats why I...

  1. 2,834 Posts.
    Haasko,

    Yes, a little knowledge is a dangerous thing.

    Thats why I did a ringaround after the initial announcement, checking it with industry people.

    They didnt think it was a discovery.

    Sure, it's possible that they are anomalously low gas readings in a charged structure. But we dont have permiability numbers from Moby-1, because they havent released the core sample data.

    Right now, Moby-1 is a wildcat that got gas shows. Moby-2, if and when it gets drilled, might be productive - but Moby-2 wont be until next year.

    Ian Whitchurch
 
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