Yes MPO, BOW and ESG all up strongly .. so the action is ESG is unlikley to be laterals related. seems the punters have decided after Shell pulled out of PES that AOE will also and they have jumped into these 3 either with new money or their PES money.
Stayer
The CRM report is for CRM/STO ground .. we don't have this sort of info for ESG's wells yet ... but this data from kahlua on the border with PEL 238 is a pointer particularly to the Hoskinson seam in ESG's territory .. and rsults are pretty good. We expect Bohena will be even better. And teh STO presentationm the other day says the Gunnedah basin is top quality. Mr Holy is right .. STO thinks it has way more gas in its gunnedah project than in QLD!! Sounds good for ESG.
h
ESG Price at posting:
65.0¢ Sentiment: LT Buy Disclosure: Held
