That's not true raiderup, REY have exposure to conventional oil, Laurel gas and unconventional Goldwyer oil. Not only that they're far more likely to have a drill in the ground before OBL, and the target is a 50mmbbl prospect in the Ungani trend supposedly this year, not just yet another laurel drill which is what OBL would have most likely sometime next year. The Laurel, by the way of which REY have similar interest in as OBL. Oh and they're fully funded - and by that I mean they have the money for their share of the drill.. Not operational costs until they can find someone to pay for it.
I wouldn't exactly call Cyrano, Vic etc "irons in the fire".
Just watch out when comparing OBL to it's peers. Pretending REY has "one only gas play" when their ground is VASTLY superior to OBL's as it's chock full of conventional oil potential ON TOP of a similar Laurel interest is getting very close to being deliberately misleading.
OBL Price at posting:
1.7¢ Sentiment: ST Buy Disclosure: Not Held
