They raised a small amount of $126k previous
quarter to pay for the resevoir engineering.
They will probably raise another small amout to
cover the scoping study.
EMP will not be drilling.
It will all depend on the reports and if they can get
a partner to stump up the $30-40m.
Depends on the longford sands.
Took a while for COE to drill Sole,but the 50-60 million
cubic feet per day would be a good incentive if proved.
Ann: Update on Progression Towards Independent Resource Statement, page-22
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