MEL 14.3% 0.4¢ metgasco ltd

Ann: Cervantes Letter of Intent signed, page-6

  1. 4,803 Posts.
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    MIN / NWE appear to have made a huge discovery .
    This discovery opens more deep gas plays and will put a spotlight on the basin .
    They also logged oil but probably not commercial at that location but points to other prospects .
    If another rig does not mobilise to the Perth Basin then there will be a queue to use the 970 rig .

 
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