IMP imperial corporation limited

attractive price to asset backing??, page-2

  1. 323 Posts.
    its more possible that the capital req will come from the sale of the gas the first two wells are logged and production is set to begin as we speak its gas flows are due and i think this is what triggered the buy up. these wells are said to produce some of the best flows and most of all they produce for long periods of time 40yrs on average but some in this bsin have been producing for 100 yrs a couple of 100grand spent today on a hole that gives u a return for that long hmmm money pit
    all the best this will retace a bit imo until gas flows are ann then more than likely double at least
    sit back and watch but i dont think youll get back in at 1.1 1.2
    flow well imp
 
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