There should be follow up drilling in this highly prospective area.
STU will be well positioned to capitalise ... and it will have, like BPT, an ever increasing cash flow to fund its exploration programme.
This is just the beginning - the Cooper Basin, with modern technology increasingly being used to discover hydrocarbon deposits, has been for a long time, under-rated.
All this is due to change IMO - especially with world oil prices steadily climbing.
STU Price at posting:
0.0¢ Sentiment: None Disclosure: Held