Give Mr Povey a call .
They have 900km of interpreted data and a cpr ready to anns re AIM.
Its never been a question of ''if '' they strike oil but when.
Remember the CP test wells had GOOD shows in the layer where oil was not expected. (cretaceous) .
The oil is in the jurasic formations that no one has drilled into yet.
There is a lot of negative sentiment in the market at the moment, but the stats have nothing to do with wildcats.
THe data will be diligently used to pin piont good potential oil wells , not dusters.
LUKAS AINT NOBODY'S FOOL in the O&G industry.
Why would Credit Suisse and Lehmans continue (along with big hand full other significant brokers) to accumulate, not in and out stuff.
Canmex (AOC) need rrs and vice versa
We will see who the canmex farm in partner is very soon.
No take over this year.
Look at how they are massaging the consort deal to stay out of take over teritory for BOTH parties, and to make the AIM listing smooth sailing.
RAK? Dont dismiss them yet re; farm in.
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