If the high level of gas in the drilling mud is an indicator, we are about to clean the slate of past disappointments.
Somebody light the fuse, this baby is coiled and primed.
An absolute gift at 50 cents. Valuation as at October 19th by Wilsons is 74 cents.
Existing producing wells (from current perforations only) equates to about $US7M in revenue. There are a couple of wells that need further work and once this is done, should add to production.
But its dear old Jean Freeborn -1 which will catapult revenues through the roof. Big big field.
Yep, I feel this is it.
AZZ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
