Ok, so let's see where we're at.
* We have 7 "drill ready" targets and an enthusiastic, sizable holder in China SAM.
* We have a 2017 drill program of 2 wells which is still aiming to be honoured.
* China is just over the fence and crying out for all the oil they can get their hands on.
* We have $4.5 mill to find to get it done and Bataa reported to be in China right now, hopefully finalising terms.
* We have a "green light" PSC which has been rubber stamped by the necessary authorities and the important tick of approval from the government, for our environmental plan.
* We have a motivated team who are excited about the re interpretation of the seismic data and who have been in negotiations for a while now, with various rig contractors.
Oh...and what are we targeting in all of this?
Ah no biggie really. Just a lazy 2.2 billion barrels of oil.
Yes......2.2 BILLION.
Share price 1.9c.
Laughable really.
- Forums
- ASX - By Stock
- WOF
- 2.2 billion barrels!
2.2 billion barrels!
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WOF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online