bit of press in todays australian..., page-57

Novac, haven't really done much of a peer comparison myself on this one, but do most others with similar market cap and revenues have more operating well then just one?

I think HOG may be getting discounted due to 1 successful well so far and being in ukraine may contribute a small discount as well.

The success of additional wells I believe de-risks significantly and adds revenue, so hopefully should have a double effect on the market cap and hence share price.

Just my opinion. Cheers