ITC 0.00% 8.2¢ impress energy limited

Hi El Worth another look maybe, small prospects ie max up to 10...

  1. 6,650 Posts.
    Hi El

    Worth another look maybe, small prospects ie max up to 10 million barrels recoverable but most in the 1 to 5 million barrel range. Lots of drilling at last.

    Here we have a classic case of using new techniques 3D seismic for the first time to define the drilling targets in a proven oil area, it doesn't get any better than this.

    Looking at the ASX oil companies I can pick out ITC and this is a surprise for me NSE.

    Have a look at them, I know onshore USA can be a problem but they are doing exactly what ITC have done, Sam W at NSE playing a good game.

    For myself I will continue to invest in ITC as I like an onshore Australian based exploration company finding oil!!!
 
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