re: doesn't look good ..... turtle
Yes agree EPR's offshore Otway permits have large conceptual targets. However lots of seismic and prospect upgrade work required first and drilling is too far away to worry about at this stage. I dont see this as an influence on current price action.
Will be a reason fpor me to buy in the future, but not yet.
EPR's price has held up better than in past. A well failure has historically see EPR fall to mid/high teens. Not so far this time as Banganna is so close in timing.
acturtle
EPR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held