In addition to the drilling campaign in partnership with Kea petroleum,to start at the end of June, we now have another one of the most exciting campaigns coming up, sometime in the next few months.
Central Petroleum has recently announced that the drilling of the Madigan prospect will be planned to occur in about six months. This is a giant structure with UOIIP ("Best") potential of over 3 Billion barrels based on preliminary mapping of new seismic acquired in 2010.
Any success will obviously have a major impact on the value of Rawson.
Good Luck to all,
Klaas
RAW Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held