Thanks for all the replies. Didn't mean to provoke yet another barbed debate about who's right and who's wrong. Simply wanted to get posters 'opinions' and perhaps share knowledge and views. Anyway...
Valentine is looking positive from ARQ's recent comments. Interested in the Stokes play and wonder whether this is the main game or are they 'testing' the size of the reservoir.
I know Valentine & Sugarloaf are vastly different plays but ARQ still has a directional shareholding over both and they are both coming to critical points hence why I connected the two. If they both come off – watch out!
Sugarloaf seems more likely to be a ‘test’ and followup with directionals in each possible zone (of 3).
Valentine – I hope its not wet gas (expensive) but any major (multiple BCF ) find would be fantastic and prove that the CB is elephant hunting ground!
Interested in views around logistics of production… or am I leaping ahead too far…
ARQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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