The Apus 1 well is about 300Km north of BUY drill site, the next one to watch is Finder Energy (FDR) who are drilling about 100lm Northwest of Cerberus and will Spud next month
The Cerberus Project is in the middle of the most productive Gas and oil fields in Australia as below and Note the east coast (PEP 11 ) does not get a mention so BUY (50% interest) is in the best play to date for the company and SH
Ann: Exercise of Option to earn 50pct in Cerberus and RIG LOI, page-32
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| Open | High | Low | Value | Volume |
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