Excellent jocam9, you've left me for dead in your trading skills .. you obviously dont fall in love with stocks and wells like me :) .. nerves of steel, veins for on ice .. HA! nerves of spagetti, veins of washing-up water .. i'm getting too old! :(
As for leafcutter, there's probably no Wagina / Dongara layer this far south which is the major oil producer further north, but hopefully there might be sandier zones at the bottom of the Kockatea shales? Also, Ted seems keen on the High cliff layer which had excellent characteristics and oil shows at Woodada-19.
leafcutter is also on the southern crest of the North Hampden nose but out of Arq's 'Sweet spot' ??? (still to be tested.) .. Worth a punt.
You're thoughts on Cliffhead partners mirror my concerns although I'll probably ride them out. Remember any oil found will be in shallow water and close to facililites. Government regulations will probably be the biggest time consumer but it shouldn't be too long before the blackgold starts flowing :)
As for TUI and PPP, it is high risk / reward and should be traded. I'm still deciding this one.
At the moment my 2nd biggest concern is oil prices and what will happen if the US invades IRAQ?
WAR IS BAD FOR BUSINESS! .. upsets people as well! :)
