SupertrampADE and ITC are Cooper Basin rubbish from memory...

Supertramp

ADE and ITC are Cooper Basin rubbish from memory (sorry if im wrong)...ie tiny little oilfields (all crust, no bread). Take a look at how well Cooper Energy (COE) has done over hte last decade or so in the Cooper Basin never able to show a decent reserve.

If so, granted the companies are cheap, however their prospects have nowhere near the same potential as ERH in terms of size.

Size is not a problem for ERH (as will be seen over next few months)...flow is still the critical factor, and today's announcement is a STRONG indicator that that may no longer be a question mark. We pressure, we have good oil shows in the fluid recovered...the chances of good oil flow is therefore high.

Cdchi1