WGO 0.00% 35.5¢ warrego energy limited

"Modest" findings?, page-13

  1. 1,175 Posts.
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    Luckily we have that thing called the "internet" so we don't need to rely on the company to tell us what's going on.

    Anyway, they are hoping to puncture a reservoir/pocket filled with oil, which is why they are drilling further. Says it all in Spanish in the above link. Just run google translate over it:

    Se espera que en ese proceso se pinche una especie de bolsón con más hidrocarburos.

    I'm sure they have good geological reasons for doing this, which is why I bought some more shares on Friday.

    Should hopefully be some news about it this week.
 
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