SGC 25.0% 0.5¢ sacgasco limited

Ann: Sacgasco Receives A$5.1m from PNOC EC Farmin, page-53

  1. 2,164 Posts.
    lightbulb Created with Sketch. 563
    Well you'd hope so they aren't getting any younger 2010 this was founded and they still haven't cracked the Sacramento basin properly!

    I think it's pretty obvious what the play will
    be for me. Get the cash from Blue Sky invest it into Borba hydrogen facility. Then drill the 4-5 lookalike prospects nearby on the ord bend trend / kione formation with XST fairly de-risked. Last well to drill Alvarez's-1 for a 2.4TCF appraisal. If they have a successful campaign they maybe get to 25-30mmcf/gas. $47-56m USD per annum revenue.

    If Alvarez -1 comes in be huge!
 
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