NZO 2.47% 41.5¢ new zealand oil & gas limited

They have not committed to any drillings. They have effectively...

  1. 4,510 Posts.
    They have not committed to any drillings. They have effectively paid a small amount of money for a watching brief.

    Also there is massive geographical and logistical differences between Canterbury Basin and Great South Basin. I can't say I am keen on either, but they should not be lumped in together either.

    I think the focus should be on potential upcoming drilling next to Tui in 2009 if they manage to get a rig. Way more bang for their bucks.
 
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