ITC 0.00% 8.2¢ impress energy limited

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  1. 2,834 Posts.
    ventura : whats happening Yep, they have found oil shows.

    Then they stop the drilling, and open up the pipe to see what comes out.

    If the oil flows on test, and especially if they get a big string of oil, then I'm going to go and get myself a shotgun and have a quiet word with Montagus and then with Hoodless Brennan, athose of you who own the Coalition will be happy bunnies.

    While oil shows are good, it is possible that the oil will only be there in trace amounts, or will refuse to flow, or something.

    In that case, it's still encouraging, as in the Cooper pay tends to be 'stacked' ... and remember, the Namur was too thin to be productive in Christies-1, but it thicker and is productive in Christies-2.

    Ian Whitchurch

    PS Good luck guys
 
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