The latest investor presentation clearly states that they have 15000 acres under lease in the turner bayou area.
The seismic that was shot is over 52000 acres.
Im already well and truly in,having picked up the last lot in the rights issue.
It would be great to see 45-60c in the next few months although I cant seem to extract $90-$135m in value from this company currently.
All the best.
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