dr11, page-2

Not only has the discussion around DR11 but its value to the business forgotten too - Lots of people putting valuations on Allen Dome of $80-100million if flow rates from the next few wells pan out, but what about DR11?

TTE owns 100% of it (223km2); its situated in prime shale territory North Perth Basin (see Internation Energy Agency report who strongly agree), and is covered almost entirely by Kockatea shale (a recent shale oil discovery).

In reasonable times this 100% owned permit would surely be worth $30 mil at its current stage?

here's that image I love again:



Maybe we need to farm a small part of it out to a major to get some stronger exposure