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0.00% 19.5¢ adelaide energy limited

Just been cogitating on drilling of Permian shales.So BPT/ADE...

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    08/07/11
    16:48
    Post #: 8649806
    Just been cogitating on drilling of Permian shales.

    So BPT/ADE are merrily drilling out a grid pattern on shale and hit something in the post permian.

    BPT 23.33%, ADE 20%, ICN 33.33%, BUY 23.28%

    Obviously all will wish to act on the new discovery but only 2 have paid for the well.

    Doesnt seem fair does it. Ive not been able to find anything that describes how this is supposed to work
    ADE Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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