Ann: NZO: NZ OIL & GAS EXECUTES PERTH BASIN FARM IN AGREEMEN, page-59

OK team TEG we have a new release and update from our leader CT and he discusses the new NZO deal and more.
You all know the drill by now. Head to proactive for the interview with Andrew.
Points of note for me-
End Feb will be significant because there will be a new release of estimates and potential on the magnificent L7/437 from the New Partnership
CT highlights that its not just about Gas but Oil as well at L7/437
CT has informed me that he really likes the look of 437 for Oil, likes the Oil look there and with the drill bit success we can produce and ship and monetise in near term if successful on drilling
So obviously CT and MC are seeing something there in seismic we have had back already that really draws their attention to this is my take
CT confirms again we are currently operating with small profit from CH Oil shipping, so that is good news
Confirms again they are obviously being fairly aggressive now at adding to the TEG O & G portfolio outside PB
Anyway take a watch/listen see what you all think.
Cheers everybody.
GO TEG
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