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0.00% 0.9¢ calima energy limited

This caught me by surprise. I thought all 4 were drilled within...

  1. anatagamu
    961 Posts.
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    08/07/21
    14:09
    Post #: 54372430
    This caught me by surprise. I thought all 4 were drilled within existing reserves. Not sure what the "and if successful" refers to.....?

    https://hotcopper.com.au/data/attachments/3341/3341409-96f4c19143dd9e1245ebf22576484f68.jpg

    "This well was drilled in the Alderson strike area, near Brooks Alberta, and is a new area of focus for the Company."

    I guess if it's successful it opens the door to more wells in the same area........
    CE1 Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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