junior oilers 2 february, page-2

Jocam.

To add a postscript re SUR, which finished the week strongly. I feel punters will look for somewhere to put their money as the Cliffhead program matures. SUR are drilling in Carnarvon basin in March/April. Always a good trading stock and well cashed up, so should run nicely over the next month. Tightly held at the moment, so any degree of interest is going to push the price. Currently 9 cents, hit 12 cents pre last drilling.

WON also announced that the Altostratus well was delayed again so their march april program will only have south crackling.

I think with 33% of Banjo, FAR are going to also trade nicely in the lead up to drilling.


acturtle