Maybe one day soon their Australian leases in the Northern...

Maybe one day soon their Australian leases in the Northern Territory will generate some interest.
These leases are in the McArthur Basin near the Gulf - they are EP(A)180,181,182,183,184,187,188 comprising 14.6 million acres.
You can see these leases on this NT govt map:

http://www.nt.gov.au/d/orestruck/Content/File/Investment_Alert/2010/October/OrestruckPetroleum2010Aug.pdf

Some of these leases had been applied for by UOG in 2008(some of the EP numbers have changed but a couple of them are the same land) but they never completed the applications as they couldn't find anyone willing to fund a seismic/drilling program:

http://www.asx.com.au/asxpdf/20080527/pdf/319bbq1639k5gs.pdf

DGR is promoting their subsidiary,Armour Energy and plan to IPO and list it in Feb2011 and its only assets are also applications for EP's in the same area so will be promoting these in the next couple of months:

http://www.asx.com.au/asxpdf/20101011/pdf/31t1433kmsgy8k.pdf


Maybe IMP will get carried along when & if this IPO happens.
Meanwhile the IMP Directors are voting themselves 8 million options exercisable at 15c at the AGM on 30Nov - so it would seem the current 9c might be a bargain.