You would expect that with testing and results due shortly and with the confirmation that gas is likely in place this will go for a run in the next few days. 1c must be on the cards. Lets face it its all around the place, why wouldnt it be there.
"The pulse neutron cased hole log has confirmed the thickness and permeability of potential natural gas bearing zones within the Tusacaloosa formation and established, within these, the priority intervals for perforation. In addition, a second Tuscaloosa zone, approximately 1,000 feet shallower than the primary Tuscaloosa sand target, was confirmed as having gas production potential."
FUT Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held