All aboard for the rerating to 3c and the big boy interest...
WHL Energy reported that a portfolio with some 14 prospects with total best estimate Prospective Resources of 1,044 Bcf of gas and 31.2 MMbbls of condensate and LPGs has been mapped on the fully processed volume of the La Bella 3D Seismic Survey. The survey data was acquired during November/December 2013 in the VIC/P67 exploration permit (WHN: 40% Operator) in the offshore Otway Basin, Victoria, in which AWE's, subsidiary Peedamullah Petroleum also holds 60% equity. The Company reported upside potential identified in Lowlander, Ferrier 200 and Alexandra prospects; and potential sufficient for a standalone gas project.
QFY Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
