NSE 0.00% 0.4¢ new standard energy limited

Ann: Gibb Maitland No.1 Weekly Drilling Update , page-3

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    re: Ann: Gibb Maitland No.1 Weekly Drilling U... Cheaprice...this is not a short term hold...not only does CP and NSE have to prove up the Canning areas they hold (eg the rocks are there but how much TOC do they hold and how frackable are they), but the infrastructure needs to be made available for fracking (horozontal rigs and horsepower for pressure) and transport (pipeline)...this is years away so expecting short term "gushers" is unreasonable. We may have some BRU type liquids in the Canning and Merlinleigh, but you need to pace yourself mate...complaining all the time on a false premise doesn't add much value....
 
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