ACN 0.00% 28.5¢ acer energy limited

for what it is worth, I have a friend who has quite a large...

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    for what it is worth, I have a friend who has quite a large holding from around 30 cents. He has an oil E&P background so, without any research, I bought a pathetic 7000 shares at 33 cents a few weeks back, just on a punt. I tend to stick with mid tiers like AZA, PSA, HZN, NZO, SAE, ARC, ROC that have some production or soon to have production. His comment to me was that INP could commercialise small quantities of oil because they are close to infrastructure. I don't think he thought there would be such a significant discovery. Another Cooper Basin player with a busy well programme is VPE. But its share price is languishing. Any idea whether it has upside associated with INP discovery? Surely it makes Cooper-Eromanga more prospective in general?
 
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