I haven't saw such a detailed shedule for the Apache offshore Gippsland Basin programm before
(the link again: http://www.dse.vic.gov.au/DPI/nrenmp.nsf/LinkView/F16AB3578F7204AFCA2573EB0080DBAF8B3DA072DA032386CA2573DF001C56C6/$file/EP_Gipps_Basin.pdf )
but ... as fas as I can see, there is a nice (and for MOG relevant) mistake in slide #3 ...
The boxfish-1 and the anemone-1 wells - which are planed for Jan 2009 - both wells are within VIC/P45 and NOT VIC/P59 ...
Therefore we will have 4 wells in VIC/P45 operated by Apache in the next 12 months and MOG is free carried for the first two of them and additional at least one well in VIC/P53 which is operated by Stuart in September this year.
... so, at least 5 company maker wells in the next 12 months and MOG is free carried for three of them.
MOG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
