deal of the century? permian basin acquisition, page-15

Only me lads, bought a nice parcel of oppies today.

I have a large apetite for risk.

My view is if they succeed with the new aquisition then this stock will be undervalued by at least 50 million. Offshore drilling acreage is becoming very very hot property and its only going to get hotter. Mutli partners will be eager to get in on action so drilling the new acreage will be happening sooner rather than later.

Cheers

Ognid