BUY. Bounty Oil and Gas. Oil and Gas in SW QLD and NE SA.
Oil producer that hit lows in the past 6 months with micro cap sell down. Released Ann this morning regarding Irtalie East 4 well drilling activity after spud on 22 aug. good oil shows encountered and porosity between 6 and 8.5 meters. Has been cased now as a future producing well. Last positive announcements 9 months ago saw it run to above 3c. Well under price IMO as a producer and earner.
