Interesting to note a minor player(OBL) in Canning basin up 300% today .It hold a small percentage of a few leases on the western fringe in a JV with BRU and Backreef Oil (BOL) .The BOL JV is searching for CSM gas .... the interesting thing is that their permits only cover a fraction of the area compared to NSE's huge footprint in the Canning basin .One day people will wake up to NSE's potential here .Should have a spud date for first Wicox well next week so we might see some action in our SP which is holding well now at 16c . Perhaps some interest after i mentioned NSE on the DT thread in relation to OBL's surge
NSE Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held