STU 0.00% 94.0¢ stuart petroleum limited

disco stu, page-8

  1. 22,691 Posts.
    re: location of arwon and production costs. The total cost of production has gone down from $A43.4/barrel in 2003 to $A11.1 in 2004.

    And that includes Administration as well.

    You will find that in the Sept presentation.

    Of great interest is the location of the ARWON well -See page 15 of this presentation. It is 2.5 km from Worrior1

    STU has 88.8%. It could be of very good size.


    Gerry
 
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