no announcement yet, so get buying

Judging from Fridays trading, almost no-one appeared to pick up the significance of the Murta DST in Worrior-2.

Any oil in the Murta is new oil, that increases the reserves in Worrior.

The DST was done over the weekend, and I dont know the results of it. But I do think that the fact that the Murta coming in in Worrior-2 makes Worrior even bigger will be heavily plugged in any announcements.

But both Cooper and Stuart tend to release announcements after the market opens, so if you want to bet on the DST announcement being postive, you should have time to get on board at market open.

Finally, even with the DST, they should have got thru to the McKinlay on the weekend drilling, and will probably be announcing oil shows in that (it produces at 2000 bopd less than a mile away ... if it doesnt have oil in it, thats some weird geology).

Ian Whitchurch