From Aspect/Huntley:"Exciting upcoming wells include 25% owned...

  1. 9,081 Posts.
    From Aspect/Huntley:

    "Exciting upcoming wells include 25% owned Jacala-1 and 50% owned Barque-1, targeting 1.5 billion bbls of oil and 5-6Tcf gas and +500 million bbls of condensate respectively. Success at either could see explosive share price rises"

    A bit of a gamble really - question is does one sell pre-drill (and bank sure profits) or hang on during the drilling progress hoping for a hit and that "explosive upside"?

    TAP and ROC are both now in on the Jacula-1 prospect with BHP, but TAP offers the best leverage if this well comes up trumps in October, 2005 when it is to be drilled.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.