Sold down by CBA recently , and general drift in mkt / tax loss selling etc.
No news atm so has fallen away nicely to mid $1.40's creating a great buying opportunity imo.
3 drills to come in NZ July/Aug = Pateke/Kiwi low risk in western platform near Tui/Amokura oilfields and Sept Galleon-1 (awe50%) wildcat off Dunedin targeting 200~300mmb.
All this on top of BassGas production due to start next month and Cliffhead not too far away either.
Possibly drift further to low $1.40's but I'm topping up today.
SALTY
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