AUJ
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0.00% 36.5¢ augustus minerals limited

oil and gas hits!

  1. MasterPiccolo
    1,162 Posts.
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    06/09/10
    10:16
    Post #: 7159307
    Great news with Oil and Gas shows! Instant production testing has now begun.

    Points taken from past announcements and reports regarding the drill and the area:

    - The prospect lies beneath a producing well, North Edna Field, which was first discovered in 1954. This has produced approx 7 MILLION barrels of oil!

    - "They are also situated between two other successful oil finds which had more gas then expected"!

    I am very confident a significant discovery has been made!
    AUJ Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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