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12.5% 0.4¢ australian oil company limited.

Ann: SGC Acquires 6 Oil Discoveries in Philippines E&D Portfolio, page-45

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  1. sydney6791
    5,748 Posts.
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    05/07/21
    14:47
    Post #: 54289662
    One shut-in well in West linapacan B flowed 2860bod during test , 8.5MMbbl has been produced from nearby West linapacan A, wish SGC can take the well as first redevelopment target.

    Looks like Ms Kendrick still insists on exploiting the huge potential there, also good to see the acquisition is not totally new for SGC more like continuous work/development.....

    when NDO was tookover for $140m (1.38b shares 10c offer), these tenements should be valued $40m+
    SGC Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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