Of particular interest is this statement in the article -
"It follows fracking of just one of the zones being targeted by the Leyshon crew. Management’s target for commercial production was 125,000 standard cubic feet a day. Analysis suggests it may be possible to flow gas from untested potential pay zones, thereby boosting the initial output figure."
This was not mentioned in the release but if true it substantially enhances the todays announcement. IMO.
Do you have a link to the article?
Oscar
LRL Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held