ELK elk petroleum limited

Gday BossThe #52 well was the one the landowner would not allow...

  1. 4,837 Posts.
    Gday Boss
    The #52 well was the one the landowner would not allow access for, I beleive he was just a grumpy old bloke that did not want ELK on his property..so the well location was moved and became the #39a well....

    Those 9c shares were split between Healy, directors, shareholders and pattersons clients.....no one would have acquired a large enough holding to become a substantial holder....obviously Healy is....

    you need at least 5% of the company to be a substantial shareholder.....if you want to become one BOS you will need 4.65mil shares!!!!
    Cheers
 
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