re: 2 more oil wells this week
Yep! Bring it on. Oil that is, black gold, Texas tea or should we say Tintaburra tea.
For companies hoping to cash in quickly on the commodities boom all you need do is find some new oil discoveries and that = lots of dollars in this high oil price environment. No worries of JORC compliance and seeking funds for huge development costs at 1, 2, 3 or more years down the track. Just bring them online, turn the taps on and watch that money flow. It looks like oil can be found in the Tintaburra block blindfolded.
ETE, GLX
DLS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held