EPE involved in the drilling Udasha, Fairbridge, Strickland & Geordie with a 10% stake with each target ranging from 3 million to 5 million barrels.
If EPE strike one we are talking about 300k barrels. 300k x $60USD + = $18 million USD, $26 million AU.
EPE current market cap under $10 million. Now i know flow rates will also come into it, especially after yellowbank but BPT and COE i believe are operating the drills, something i feel much more confident with.
2,3 or 4 strikes and EPE could be sitting on $100 million AU worth of oil! Short term surely it has to go higher on speculation and with the current oil situation????
EPE
enterprise energy limited
EPE involved in the drilling Udasha, Fairbridge, Strickland &...
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