willaroo drilling to start on weekend, page-3

salty

Dennis is a VERY good operator!! I have been having a good long look at the OIP prospectus and the geologists report particularly. You would have to think that the chances of finding something at Willaroo are reasonably good. Gas if not oil. In any case big upside and there are substantial follow-up prospects in PEL 6. Lots of gas discoveties and some oil discoveries and shows just to the north in the same basins. So although this area is not well tested the analogous formations nearby are.

Up side on gas several fold .. on oil 10-20 fold being optimistic. Worth a punt.

H