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market starting to believe, page-47

  1. alanab
    489 Posts.
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    02/05/12
    11:34
    Post #: 10120404
    Got some infor on next drilling from Osh preso:

    Trapia exploration well scheduled to spud in May
    PRL 11: Oil Search 52.5%, ExxonMobil 47.5%
    Series of prospects in area with multi-tcf potential
    2D seismic programme in 2012/13 to further mature prospects
    Recent acquisition of adjacent licence, PPL 277, 50:50 with ExxonMobil.

    Interestingly they talk in the preso about the gulf area possibly supporting 2 new trains - by my calcs this would bring the total to 5 potential ?!
    OSH Price at posting: $7.43 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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