AWE awe limited
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AWE is currently drilling Trefoil 2 well in the Bass basin which...

  1. Hooky
    39 Posts.
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    22/10/09
    10:54
    Post #: 5815580
    AWE is currently drilling Trefoil 2 well in the Bass basin which is very close to the target depth. They then will drill Rockhopper 1 in the Bass basin in December and the very exciting Hoki 1 well in the Taranaki basin. Success in any of these wells will send the SP skywards. A further well also in the December quarter will be drilled in East Java. With this exciting drilling program under way it is amazing that the SP has not been more reflective IMO. Anyway a huge rerating will occur on any success and a $4 to $5 SP is possible.
    Good luck to all holders.
    AWE Price at posting: $2.78 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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