From the Managing Director - “These discoveries in the western...

From the Managing Director -

“These discoveries in the western portion of PEL 106 and near the Santos operated
Raven gas field (purported to have 80 BCF of gas) may indicate the presence of a new
gas/condensate province. These recent discoveries, plus the four to seven well program
to be funded by farminees, have the potential to increase our market capitalisation three
or four-fold,” Dr Shaw told the conference.