OIP 0.00% 4.3¢ orion petroleum limited

marksman, This new well is located in northern NSW which is sort...

  1. 1,127 Posts.
    marksman,
    This new well is located in northern NSW which is sort of terra incognita, thar be monsters country. Do you know(or anyone else) anything about the geology, stratigraphy to tie it in with other oil/gas producing areas? Is it related to the Gippsland basin in Vic or oily parts of Qld? IF it was any farther south or east it would be mining coal or coal seam gas. I am not a day trader & dont follow a lot of the fast footwork re price mvts. I find the geographical distribution of oil?gas in Oz an ongoing puzzle. I must admit I have not looked up relevant material on co website yet, as I am very new to this stock.
 
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