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perfect storm, page-10

  1. 62strat
    6,353 Posts.
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    29/02/12
    10:42
    Post #: 9768126
    Hi MM2,

    Mate, that is the potential development well for Galoc Nth.

    Although I would like to see it drilled in that window, FID is not due to be taken til mid 2012...I have my doubts whether we'll see a development drill starting as early as Q4...but, who knows how aggressive OEL may be!

    Byrne clearly states a second well they are targeting for this year will be an exploration well.
    NDO Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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