LGO longreach oil limited

finally getting back to you re epe/lgo.spoke to Warren Leslie,MD...

  1. 1,028 Posts.
    finally getting back to you re epe/lgo.
    spoke to Warren Leslie,MD of EPE.Yellowbank 4, to be drilled October as well as Nulla Nulla due to delay on rigs.Yellowbank4 is 80k NW of OEX discovery.Very very confident that this will be a producer.Expected net profit will be between 30.00-35.00/barrell.Expected time to drill,10 days at a cost of 1m[includes drilling then bringing into production].200000 barrells has already been pumped sometime ago,800meters from where they are going to drill.Hope this helps.
 
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