Watch out ... a broker is again brave enough in recent times to...

Watch out ... a broker is again brave enough in recent times to do a 'spec buy' write up on Amity.

Its a pdf dated 3rd June 2004 from Intersuisse on the Amity website.

Interesting detail regarding the yet to be formally announced Oklahoma USA interests (I believe they have to receive formal 'title' from the relevant US Federal Dept before the interest is 'legal' and can therefore be announced) and confirming an 8 well program - $A10m expenditure - all this year. If drilling is sucessfull likely USA production similar to Turkey - 15-20mmcfpd. Now that would be interesting - thats around 7bcf+ per year. $US30m+ Gross.

Also further drilling likely regarding Turkey prospects in the same structure that hosts the 3 existing fields - again in 2004.

Finally the mighty Whicher - $4m this Fracing will cost - and - 'State of the Art' techniques used. The last 'throw of the dice' for Whicher and Amity from the sound of things.