ARQ 0.00% 8.7¢ arq group limited

y2 success but, page-13

  1. 7,063 Posts.
    (thank you god!) .. glad you asked that bhutos, well we cannot call it a 'trap' as such, we don't have enough seismic lines to confirm a 4 way dip structure or stratigraphic trap ... BUT the LARGE seismic response, with Newly defined BUMP, right next door to the ONLY producing oil field in the Canning basin, AND with oil over $100/BBL, should give enough encouragement to drill the shallow well to see what it is!

    Plus there's now Onlap, a possible Stokes Bay look alike .. although looking at the seismic, I think it looks more like a talus slope play trapped against the harold reef? THe Blina embayment slopes up towards Onlap so ... could be big!

    Hope I win lotto next week, then I'll farmin! LOL!

    Gee Wilikers! EGO gets a plethora of day trader support and it's drilling in no-oilmans-land while OBL has acreage next to a producing oil field (etc etc etc) and cannot get on the radar!!???

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