Folks,
6% is not much, but an oil discovery reverses much of the downgrading that has occurred, wrt the permits ARQ has 20% in. Also most relevantly atm, gives much more cause for optimism with the following two drills.
Reading the ARQ thread everyone has a half empty glass. Cheer up folks, or finish your drinks and move on.
EL
frankland .. 35 metres hydrocarbons, page-22
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