LGO longreach oil limited

No worries B2 don't forget yellow creek no 3 is flowing 200bopd...

  1. MJR
    1,085 Posts.
    No worries B2 don't forget yellow creek no 3 is flowing 200bopd total est of oil no.3 & no.4 wells is 6 million barells. Imo should add more than 3 cents to the share price once the market is fully informed.

    In addition LGO are applying for additional leases in the same area (from memory some 320 square KM's) in which they will have an interest ranging from 50% to 100%.

    Seeing the area has proven commercial oil reserves could be a real bonza in the not too distant future. The big farm in money should be on the scene very shortly
    for a slice of the action.


 
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