ITC impress energy limited
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No it is not a redrill but an appraisal well to test the Eastern...

  1. tui
    6,165 Posts.
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    08/12/08
    20:06
    Post #: 4583881
    No it is not a redrill but an appraisal well to test the Eastern extremities of the Growler field. If there is oil present it may, depending on the result , lead to proper certification of about 1.8 million barrels.

    Usually I dont like forecasting an oil drill but I am confident about this one. But it is only an appraisal. I think Eddie is confident too, the way he has been buying up lately. Should know by the end of the week?
    ITC Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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