QPN upcoming projects
Quest has agreed to acquire 25% interest with Merric Capital Pty Ld for the RANAU project, covering 2,123km2 in south Sumatra.
This area is close to existing producing areas with similar HYDROCARBON traps to the production projects.
A joint study s currently being undertaken will is running for 7 months. Results possibly in April / may.
400 gas fields have been discovered within this Sumatra area, producing more than 45 MILLION barrels.
So everyone, IMHO I reckon the chances of the company making big bucks in Sumatra is going to be very high. And its going to be very soon. So start buying and hold cause this company is going to be back up and running again without a doubt. Don?t loose hope yet
DYOR
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