STU stuart petroleum limited
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Just reading Stuart's latest news release and it talks about the...

  1. Badfish
    1,987 Posts.
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    08/06/04
    14:31
    Post #: 485343
    Just reading Stuart's latest news release and it talks about the DST on Harpoono to test the formation permeability and characteristics of fluids.

    Given that the only other announcement that I recall mentioning fluids also contained the words "no significant hydrocarbon shows", are we in for a pleasant surprise?

    On the other hand it might be just a case of STU using BPT's money to increase their knowledge of the area. One has to wonder whether the DST would have gone ahead were STU footing 66.7% of the cost? - although I suppose BPT must be in agreement and that is encouraging.

    Cheers

    Badfish
    STU Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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