PKO 0.00% 0.4¢ peako limited

I still think everything is going to schedule. Just fill my buy...

  1. 1,190 Posts.
    I still think everything is going to schedule.

    Just fill my buy orders.

    This technique of drilling down then a horizontal off-shoot must be common practice in this geology over the last few years. JKA / Cooper Energy have had trouble in executing it. Theirs cost over $70 mil, but was in deep water.

    Cadloe water is around 20 metres by memory, then how far do they drill down? Is it $50 mil for one redevelopment well? Or does that sound too much?

    There are probably other buying opportunities of PKO at lesser risk
 
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