The only reason I didn't sell out is that I was in for the 2 wells, 1 down 1 to go! I think there is a better chance of success with Kruger 1 than Shocking and hopefully that will be the case. As long as the Basal Brikhead/Hutton Sandstone of Mudlalee oil field doesn't come in too deep we should be ok. The higher it is the better for the oil water contact and from the seismic this does look descent (Kruger 1 will be the well to the left of Mudalee 4.
AQO Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held