re: Ann: Sand Draw South field sale and Ash C... US$5.5m cash /no dilution. Cash holding will now be approx $6.5m atm
Holding onto Grieve and in discussions re-development.
Ash Creek moving quickly ("Significant total field potential; up to 4.8 million barrels of oil is estimated to be recoverable from primary, secondary and tertiary recovery techniques")
High quality sweet crude.
Current market cap is $12.63m.
TAP Chairman on Board.
What do you think Davo?
Ann: Sand Draw South field sale and Ash Creek fie, page-2
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