ZMM 0.00% 1.4¢ zimi limited

In the playing to our strengths article I noticed the comment...

  1. 2,883 Posts.
    In the playing to our strengths article I noticed the comment below.


    “We beat Shell out of WA-460-P with an aggressive bid in the 2011 acreage round, we have become the ‘little guy making some noise’ in Perth, which is excellent. We bid with Strike and Cottesloe Oil and Gas, all of us taking a 33.33% share. There is easily over 2 trillion cubic feet (Tcf) of gas in our section of the Palta formation. This acreage we expect to be drilled by mid-2012, our shareholders deserve a high impact well.

    I may be wrong but it doesn't say Shell is drilling their acreage, it mentions our section then goes on to say this acreage will be drilled. If this is the case, probably explains why sp has been going up since its release. Could be huge.
 
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