WOF
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0.00% 1.1¢ wolf petroleum ltd

Mongolian Neighbours

  1. Omega66
    269 Posts.
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    11/10/16
    09:25
    Post #: 19762571
    Looks like our neighbours in Mongolia, PetroMatad (MATD: LSE) are primed to do great things. BG had initially invested heavily (80% farm in) into on one their blocks and Shell then subsequently pulled out as part of a portfolio rationalisation plan. MATD kept the money and more. They potential for our Mongolian neighbours (who are largly government owned) is huge if you believe their hype. Seismic and drilling news is imminent for them and no doubt they are sitting on a reservoir we can tap into. Keep an eye on this as I believe their success will drive our success.
    WOF Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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