interesting drilling program

The Lakes Oil drilling program this week culminates in the 'Stim' mini fracturing technology being applied down hole to release the gas that is trapped. This technique has been used with great success by Mosaic Oil in Queensland and is common in the US. The timing of the operation on Friday and over weekend is perfect for a run on the shares. Whether successful or not, the market build up is one worth being a part of. If successful, then the rewards will be huge as the technique can be used over the whole region in Gippsland. A play to be in in a flattish market. MEO has shown the way.