Extract from Dec 2003 Aegis Report: Five well drilling program commencing Mar 2004(VPE 40%). Three wells in PEL 104 and PEL 111 immediately adjacent to the 70m barrel Tirrawarra Oil field, Australia's largest onshore oil field... VPE ...is the largest acreage holder in the basin.
Innamincka Petroleum(IPE) share price has recently shot up from around 20c to over $1 on gas/oil discoveries in PEL 103.
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