Posted this on the ASX General board as response to HC member interested in Junior oilers.
Eagle bay Resources One of my favourites. Has drilling coming up in about September. Gilbert and Moby2 (possibly) in Bass straight and 5 back to back wells in the Cooper Basin.
Need to read all the stuff on the prospectivity of these locations but look very good. Has cash, experienced management and some of the most preferred locations on shore and off shore in Aust. And is cheap right now!
Has a history of rising well on pure speculation. I think this round of drilling might well bring home the bacon.
An excellent junior oiler IMO.
fc
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- good bet junior
good bet junior
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