imma fin have a conversation with myself here.
Nah Petro Matad not likely to announce farm in partners until mid year
"Drilling programme for 2017 is fully funded.......(RNS) Securing a Farm-In partner is required for 2018 Drilling programme and beyond as these Blocks are huge. Current 90 Billion barrels estimate is from just 6 of 12 basins. Seismic data for the other 6 basins is not complete yet. So potential estimated resource could be sitting well over +100 Billion barrels...." That from Petro Matad chat
So the excitement driving MATD share price is the fact that their drilling program is fully funded and the drilling tenders have been received awaiting announcement of nominated driller and schedule.
So if and when Wolf announce a funded drilling programme we can expect fireworks.
Soon!
WOF Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
