Yes its quite amazing if oil stays above $100.00 Wells that were thought to be too expensive a little while ago, are now becoming quite economical, even these more expensive wells at deeper levels.
It was also great news in todays anns that the horizontal fracturing expert gave our play the thumbs up.
It appears that this was not fully appreciated in todays anns, ah well it may become clear to some in their dreams tonight. IMO this was another great ann.
LWR
GGP Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held