Nope I didn't buy OBL as other than unfounded speculation OBL had nothing worth testing at Backreef 1 and all this bulldust about there being an oil pool present..they are dreaming.
Yes they are dreaming now planning to drill Blina East 1. stupid to say the least. Backreef 1 was drilled on one seismic lined defined feature and failed.
So why should Blina east 1 work when it is another one line high. Chance of success has to be 1 in 100.
What waste of money, those guys at Green Rock need to think again before agreeing to do any drilling in this permit. They need a clear well thought rational for any drilling on existing limited seismic data base after the recent failure.
Ann: June 2012 Investor Presentation , page-13
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.834M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1203771 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.12pm 25/07/2024 (20 minute delay) ? |
| EMP (ASX) Chart |
Day chart unavailable