SGY solimar energy limited
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big well ready for drilling

  1. suchiam
    19 Posts.
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    23/12/09
    12:57
    Post #: 6078221
    SGY today announced that it had contracted a rig for its big Almond Grove gas well where it has a 100% interest, with well scheduled for mid January. The prospect has the potential to contain 40-100 bcf of gas which at todays gas price would equate to some $200 to $500 million worth of gas. Considering gas has already been discovered in the structure this will be an exciting play with plenty of leverage for the punters.
    SGY Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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