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consolidation is coming arq cheap as chips, page-21

  1. 6,650 Posts.
    BG

    You are right, they need success.

    But all the easy to find big oil bumps have been drilled world wide (Dunsborough nice cash flow but really only a small find ie less than 100 million recoverable). Only onshore Canning Basin, maybe CTP landholdings (high risk due to lack of source rocks) has the un-drilled bumps require to maybe find elephants onshore Australia (will maybe INP has in the Cooper).

    cheers

    PC43
 
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