There are others watching too.
The real big bang will come from their sugarloaf drilling in Texas with potential gas reserves of between 800 billion to 2 trillion cbf. If successful, gas flows could be as high as 80 million cbf of gas per day. Its in the high prolific area of a gas producing area and most importanly, $13 million in the bank and not many shares on issue.
Even after these 2 drills, they will still have $9 million left.
magnolia coming soon - time to boom, page-5
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