PRM 16.7% 0.5¢ prominence energy limited

Honestly, i dont know whether they can find oil in L20/50....

  1. 298 Posts.
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    Honestly, i dont know whether they can find oil in L20/50. However, i know sometimes people needs to gamble just like buying lotto, with controlled low risk to win the highest return. SUR is the one.
    Of course,I still remember what happened in PEP11. So what are encouraging me to involve in this game
    PEP11 - offshore drilling
    - lack of local experience
    - no historically gas finding record
    - a low calibre operator
    L20/50 - onshore drilling
    - rich local experience
    - traceable oil finding record nearby
    - a well-known Aus oil explorer

    So even there is incurred cost finally, i wont be upset because it is worth doing it. good luck to all holders
 
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