Just like EEG it's continually sold down as soon as good news appears, ( In this case, spectacular news), the share price hardly moves. Could be a capital raising on the horizon which keeps the share price low?
This type of conventional gas accumulation was discovered by Armour in the Coxco Dolomite of the Teena Formation, a conventional, free-flowing reservoir in the Batten Trough, McArthur Basin.
EEG owns most of the McArthur basin and is further west from AJQ which means we are in the OIL window. Every other company would rocket on only a fraction of this announcement, but EEG get's sold down - what's wrong.
Just like EEG it's continually sold down as soon as good news...
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