IMP 0.00% 14.0¢ imperial corporation limited

18 well drilling program

  1. 3,385 Posts.
    lightbulb Created with Sketch. 158

    At last progress we wanted, all conditions have been meet for the drawndown and they can go ahead with an 18 well drilling program!

    Given their track record we would expect near all of these wells to be a commercial strike (currently every well they have drilled in this area has been commercial)

    Also significant to have meet all the finance hurdles to gain the drawdown in whats clearly a tough time for getting finance (very positive in my view)

    Hopefully we will soon be ready for take off

    Dazzler
 
watchlist Created with Sketch. Add IMP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.