Im at a loss as to why they have done next to nothing in TP/15.
I know the up dip portion of Twin Lions (to the south) was for some time called Treeton (mainly in WA-286).
Smithbrook (TP/15) is a stones throw off the beach from the Arrowsmith facility.
Capel was to the north of Twin Lions-1 in TP/15 and Xanadu morphed into two somewhat similar and parallel structures called Xanadu (in the west) and Xanadu East and they are only just down the coast and offshore from the Freshwater Point and associated onshore prospects in EP413.
Then as you point out there are all those prospects to the north.
I think the names are regularly changed as new light is thrown on them so they float in and out of contention with a new moniker to boot
ROC has put all manner of info on drilling from onshore with up to a 5km reach, theorised potential etc etc etc.
AWE constantly keeps the prospects alive in its graphics when putting out a presentation for both blocks (WA-286 and TP/15).
Voyager was big on the potential, however, Im not sure how that line of thought is nurtured with-in ARC nowadays.
TP/15 is a bit like the Mad Granny that is kept locked in the attic......no one likes to talk about it.
My view is that Roc Talks the Talk but is Slow to Walk the Walk; ARC Walks the Walk but does not like to Talk the Talk and ..... AWE, well it Talks and Walks and Walks and Talks.......
I dont know, maybe they all want a piece of each others action and in the process they are all sitting on the fence.
They all need to be careful that they do not end up being hoist with their own petards.
MI
ARQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held