Hi All, i thought i would share correspondence received from John De Stafani in relation to a question i asked about the proximity of Bows Gunyah prospect and Arrows ATP746 which has been reported to be significant in potential.
---------------------------------------------------------- fromJohn de Stefani [email protected]
dateWed, Nov 4, 2009 at 4:58 PM subjectRE: Assistance Required
hide details Nov 4 (2 days ago)
Hi Michael,
Thanks for your note and comments. We are definitely pushing hard on all fronts.
Regarding location of the Gunyah block, it is quite north of Arrow’s ATP746P (over 150km). It is closer to the Mungi developments that Molopo and Anglo have in lower part of the Bowen Basin. We are hopeful to have the Gunyah permit granted in Jan and start a coring program first half next year.
Cheers, John -----------------------------------------------------------
May possibly be another factor in their decision to sell their recent share of holding to Vic Petroleum,
Michael
BOW Price at posting:
$1.43 Sentiment: LT Buy Disclosure: Held