QPN 27.3% 0.8¢ quest petroleum nl

todays close, page-14

  1. 6,495 Posts.
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    Well even though there hasn't been much traded today, the interest is out there. Buyers side has built nicely today. I'm very comfortable where this is sitting inspite of being at a low point. The high prospectivity of this well will get people excited along the way.


    "The target is a "4-way closure" that is geoloically one of the best traps for potential oil you can get.

    He stated he would be very dissapointed if it didnt come off, and mentioned how, in Louisiana, very few wells fail and when they suceed, fraccing is very rarely necessary."


 
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