123enen..let me try to put some reason behind the thought of 4.1...
From Reuter..a couple of key words here..see if you can pick up on it.
WHL Energy Limited announced that it has secured rights to a minimum of 96% of 20,700 square kilometers of prospective oil and gas exploration interests in the shallow water area off the southern Seychelles coast via the acquisition of 100% of SEYCO Energy Pty Ltd and its wholly owned subsidiary Petroquest International Inc. The acquisition of the 35 Seychelles exploration blocks (WHL blocks) is a company changing event, which follows the completion of an independent technical, legal and taxation review of SEYCO Energy Pty Ltd and its wholly owned subsidiary Petroquest International Inc, the owner of the licenses. With the completion of the acquisition, the Company has secured exposure to a dominant and highly prospective acreage position in the Seychelles.
QFY Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
