I agree wholeheartedly with you Jimmygig when you compare today's announcement with the Prospectus. Particular attention needs to be given to the Prospective Resources in today's announcement. Based on my calculations the prospective resources for oil has gone up 57% whilst for gas it has gone up 48%. Also it is worth noting that the prospective resources is only based on SM 6, SM 71, EI 76 & GI 95 given that the remaining leases cover projects at an early stage of exploration & HAVE NOT had any reserves or prospective resources assigned to them.
BYE Price at posting:
70.5¢ Sentiment: Buy Disclosure: Held
