NSE 0.00% 0.4¢ new standard energy limited

canning basin player up 300%

  1. 11,521 Posts.
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    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
 
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