NZO 5.19% 36.5¢ new zealand oil & gas limited

price at years end, page-2

  1. 858 Posts.
    IMO - Around $1.40 without a commercial strike in Hector/Hector South & no problems with Pike River.

    With a commercial strike at Hector????

    AWE seem bullish on the Hector & Hector South permits, & have stated in there presentations the potential of up to 1.4 billion barrels recoverable!

    The fact is NZO belive there may be something in the region of 50 - 60mmbo, which is still twice the Tui field!

    I'm assuming there is no oil at Hector & any commercial find is a bonus & should be viewed as such.

    NZO have $1.50 options expiring in June 08, so i'd like to see the SP well above that level...
 
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36.5¢ 4225 1
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