Exactly Capman,
Spoke to Mr Warren Leslie (Managing Director) and even he was confused by today's activity. From what he had told me I suspect they hadn't sold any shares, that's the impression I get.
He made me laugh when he said investors have no idea about oilers and that today's announcements (the Nulla Nulla-1) were not bad announcement but simply an observation.
For those who don't know.
* Porosity is a measure of how much of a rock is open space. This space can be between grains or within cracks or cavities of the rock.
* Permeability is a measure of the ease with which a fluid (water in this case) can move through a porous rock.
Feel free to call him, great bloke..
Cheers,
Ace.
EPE
enterprise energy limited
overreaction - oversold????, page-5
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