- 30% interest in a $20 million well which will test a structure with three potential pay zones rated as having a 50 per cent probability to contain a combined "resource potential of 270mmbbls!
Big reversal signs on the chart which I posted on the 'short term trading' thread. Very interesting chart indeed. Lots of buyers have come online now and the stock is starting to move up as the reversal signals play out.
News from the first oil bearing zone of 3 just around the corner. News could be occur by friday or the weekend. Watch this one!
