An excellent presentation
Key Facts
1. Mkt Cap under $4m
2. SPP being done at 2c record date not set yet, need funding but Big Brother AWE is there to help
3. Teamed up with AWE for shale gas in Perth Basin
"WGPs northern Perth Basin permit areas and adjacent to
one of the most highly prospective shale gas areas in WA"
"AWE Ltd is conducting a deep coring program to determine the shale gas potential of the Woodada deep well in the nearby permit EP413. The AWE March 2010 Quarterly
Report stated that Gas was released from the core during the core recovery procedure, which may be viewed as a positive sign for the potential of the play."
4. Has US Based Kentucky Oil Shale Assets
"With the increase in oil prices, WGP has eight oil producing wells and is
expecting to bring into production up to 12 small wells. Production is estimated to
be 100 to 120 barrels per month in its Kentucky leases once all 12 wells are back
in production"
5. Has offshore Oil leases with targets of 50M bls of oil and 150Bcf of Gas
"ROC Oils independent view that WGP has 50+ million
barrels of oil and 150 + billion cubic feet of
gas in these permits is WGPs target"
6. "Significant opportunity to have ground floor interest
in potential third coal miner in Western Australia" ?????
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