Mid next year time frame for srilling the big 'un. seismics in the meantime. And the start of a potential (yes I know about potential) 400 million barrels of oil and 500 billion cubic feet of gas. I'll settle for a small percentage of that!!!!!!
The recent Port Fairy exercise had a 20% success rate.
Cobboboonee is expected to produce a potential 40 million barrels of oil. Report by Anderson & Schwab (FWIW)
"Essential Petroleum holds this prmit (PEP 151) in very high regard. We concur ........."
In the meantime we will HOPEFULLY see a re-rating through the actions of Santos within a few weeks :)
I did ask the Q to HC ......... strange there were no replies ?
EPR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held