hornet-1 drilling nearing the planned depth, page-4

Towie,

Remember, it's a gas well.

On the plus side, this means it will likely hit.

On the minus side, except for Innaminka, who are a special case due to MacBank's support, the market hasnt been enthusiastic about Australian gas finds ... Mosaic/Churchie, Great Artesian/Paranta etc

Real appreciation from the partners will come IMO from one of the oil targets (eg Ventura, Airacobra etc) coming in.

Ian Whitchurch