The Canning in the past has been akin to "heart break hill" for O&G explorers. Check out it's past.
Was interesting to see the latest results from BRU along with the resultant share price drop.
The Canning is not the equivalent of the Eagleford shale nor the Permiam basin in the USA at this stage, but maybe sometime in the future.
BRU are the pioneers and major acreage holders in the area and as holders in OBL we can only benefit from what BRU is doing provided the results are generally positive. LOL
Think I will have a couple of wines tonight to celebrate NT title for Derby.
Cheers guys
OBL Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Held
