LMP 3.57% 13.5¢ l&m petroleum limited

253 million barrels oil

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    LMP have announced the spud date for the Eastern Bush 1 well as 20/4/07. The well has potential resources of 253mmbbl. With a market cap of $22m this must surely be the the most undervalued listed oil exploration company.
 
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Currently unlisted public company.

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