I wish some of you guys would read the company anns properly.To...

  1. 18,150 Posts.
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    I wish some of you guys would read the company anns properly.

    To Wit:

    ? The Company believes that the Derby Block is an attractive and highly prospective Fitzroy Trough permit for the extension of the potentially liquids-rich Laurel shale formation basin-centred USG/USO play delineated nearby in the east; well-situated to nearby to established infrastructure and the proposed future route of the Great Northern Gas Pipeline linking to large established WA domestic gas markets to the south, which will likely travel along the Great Northern Highway (Figure 1) which crosses the southern portion of the permit.
    ? OBL is presently fielding serious third party interest from an oil & gas exploration company in a similar transaction which may include a participation in a proposed placement.
    ? OBL has received renewed expressions of interest from oil & gas supermajors for a farm-in to the Derby Block should OBL attain 100% of the permit.

    Now there's the money ball.

    Go get em Kim.
 
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