What i found more interesting was the following statement from WGO:
“Beyond that, we are keenly progressing plans through the joint venture process with our 50% partner
in the block to undertake further 3D seismic and drill additional delineation wells in 2020 to fully define
the field and the extent of the resource. Only 1/3 of the EP469 Block area has been mapped by 3D
seismic and we are optimistic that further West Erregulla-like resources will be identified during the
2020 campaign,”
WGO Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held