STU 0.00% 94.0¢ stuart petroleum limited

re: $%$%$thursday drilling restarts$%$%$ My opinion is inclining...

  1. 16,324 Posts.
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    re: $%$%$thursday drilling restarts$%$%$ My opinion is inclining towards STU.
    They program/schedule and prospectus for Arwon #1 is too good IMO.
    The discoveries are all over the place and all around Arwon #1, like Worrior #1, Worrior #2 and Chester. Karbine #1 and Pando Sth #1 minor ones.
    The beauty is that Arwon is located between PEL93 and PEL113, a prosperous place at Cooper Basin, one of the most successful places for "black gold" finding

    For the STU followers and interested ppl, it's very worthy to read the STU 2004 Annual Report announced on the 15/10/2004 especially pages 5, 11 and 17***.

    Very strong junior oiler IMO, strong balance sheet, cash flows and strong and succesful prospectus drillings including tomorrow's one.

    GOOD LUCK ALL STUers
 
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