EXE 0.00% 3.8¢ exoma energy limited

buy up big, page-11

  1. 1,583 Posts.
    cp82, just go to the Exoma website and subscribe to their drilling updates. They'll email you automatically as they can release the info.

    Interesting company this one, with some good potential and a partner with deep pockets, should they find something and need to develop. Worth keeping an eye on. Dr Josh Whitcombe (COO) is also a speaker at a few shale gas conferences that go on around the place.

    Could be very interesting if the shale gas boom hits australia, anyone with any prospective shale gas acreage should get a bump in price. Look at Beach with their Shale Gas plays they're developing in SA and Drillsearch when British Gas jumped on board to put their fingers in the shale gas pie "just in case" If the CSG wells don't pan out and can't feed the LNG plants in gladstone then there'll be a lot of scrambling around for other gas sources.

    Other upside for this company is they don't have to deal with a squillion land owners where their acreage is.

    Best of luck, keeping my on this outfit as drilling ramps up an they move past their exploration and into development phase and start to quantify some more reserves.

 
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