For MHL to have prepared, or be preparing, a package for a farm-in for seizmic in Kyhrgystan it just shows they are keen and confident at this early stage. After all our success in the CB recently I still think the Khyrg oil is the main asset and company maker. Can only be upside from here with 2 wells on PEL115 to be production tested and placed online soon, and PEL110 with P50 reserves of between 5 and 20 million barrels to be drilled later on this year.
MHL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held