5GN 3.33% 14.5¢ 5g networks limited.

exploration excitement

  1. 356 Posts.
    El Magrabah (Yemen) - drilling now, followed by Reeb1, seeking a combined ~100mmbbl of oil, Arcs share 15.8%

    Perserverance (Perth Offshore) on location at the end of this week, seeking ~20-50mmbbls of oil Arcs share 20% Followed by Dunsborough1 seeking ~ 20-50mmbbls of oil Arcs share 6%

    Drakea (Perth Onshore), spuds early next month, seeking 15mmbbls of oil, Arcs share 100%

    Arc's oil reserves are currently valued at over $20 per barrel so a 15 million barrel discovery could potentially double the currently share price.
 
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