Ann: Hawkley Oil and Gas Chernetska 1 - Results , page-7

re: Ann: Hawkley Oil and Gas Chernetska 1 - ... Agree with DJ1 that its factored into current SP and even at the mid 20's i'd argue it was somewhat factored in and the fall has been more to do with overall market sentiment rather then the chernetska news.

A succesful second soro well and the construction of the gas plant will be significant driving forces with the share price IMO. If both are completed successfully it will essentially:

1) double production and;
2) add almost a further 30% to this further production given the current plants bottlenecks & royalties

Pretty major upside when you consider revenue has the potential to increase by 100-160% with soro well and gas plant success.