STU 0.00% 94.0¢ stuart petroleum limited

Don't mention the war (Ar***)!Beeville has had 3D seismic and...

  1. 5,867 Posts.
    Don't mention the war (Ar***)!
    Beeville has had 3D seismic and has been selected on a similar basis to Worrior-given nearby drilling results.
    Minkie#1, 430 metres away, recovered oil in the Namur and Wimma, with oil shows in the Murta, Birkhead, Hutton and Cadmo.
    According to STU's announcements, they have targeted the Murta,Namur,Hutton and Wimma.
    Lets hope it is a better result than Minkie-which I understand is downdip from Beeville.
    The surrounding ground appears to be more gas orientated, but lets hope for a bucketload of the black stuff tomorrow.
    Cheers,TAS
 
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