I think it is a bargain nd I am hanging out for the Walton Basin farmin. GOP has advised that there are some major interested in the farmin and they anticipate $100million fees. That should go straight into GOPs kitty, as well as some free carry exploration wells I would have thought.
So I am waiting with abated breadth when the farm in will be announced to the market - which I think (from memory ) was Q2.
Fingers crossed in anticipation....Mr Perry
Did anyone see whta happened to KEY Petroleum? SP trading around 0.06c. Exploration well in East Africa (another oil frontier) discovered 60m of gas. Share price shot up to 0.20c. And GOP has better technology and IMO better acerage than KEY.
GOP
gippsland offshore petroleum limited
