The Cooper discovery is likely to be a game changer in the region. More to the point the type of play that they have tested is more of a basin centred gas play than a structurally limited accumulation.
It's in my mind a regional discovery and likely to be repeated all the way through the Penola trough. Exciting.
Reserves will probably be measured in TCF's as this play unfolds.
RAW at 100 million shares is a stunning entry when you think Cooper lift $100m in cap on the test news.
RAW Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
