daytrades april 1 afternoon, page-73

got the WGP ann

worth watching

Shale Gas player surrounded by AWE and in JV with AWE

Mkt Cap only $4m should be double imo


"SHALE GAS
WGP is well positioned to capitalise on the new shale gas activity in the Perth Basin.,
AWE, WGPs new joint venture partner in EP-455, is testing for the shale gas potential
of the Woodada deep well in the nearby permit.
WGP is preparing a seismic program for its 100 per cent owned permit DR-11 adjacent
to EP-455 to target shale gas drill sites.
The company will target shales up to 300 metres thick. With existing infrastructure
pipelines in place, WGP will be looking to supply the strong Perth domestic gas
market."