I thought today’s reserve estimates were a bit disappointing compared to the previous numbers bandied about.
However I suppose the story (Middleton reservoir extending further) remains intact with more seismic/drilling planned for Middleton area.
Cooper Basin activities aside, I still think low 30’s is a very good entry price ahead of Otway drilling, 6 month view
GOG
great artesian oil & gas limited
middleton udacha reserves
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