The company is a unique small-cap operator with production operations focused in Victoria's otway basin and interests in a prospective shale play in the cooper basin, plus additional exploration acreage in QLD. It is highly leveraged to the continuing appraisal of the highly prospective Nappamerri Trough shale gas play in the Cooper Basin.
Very happy about the publicity but wonder about the Victoria bit as all Otway tenements are in SA, oh well still good to see the message is starting to get out.
ADE Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held