moscat amongst oily gasy pigeons

  1. 6,257 Posts.
    ..was reading that snippet below about Mosaic's involvement with Bow...thought that maybe Mos sp potential maybe underestimated currently and could be some significant upside potential flying under the radar atm...will have to wait til first half of 2009 though for things to develop...anyway this cat thinks that MOS both mains and options present good value atm if you're looking forward to what maybe in store next year...cheers
    "Bow’s second focus within its conventional oil division is the development of its Southwest Surat Oil Project, which has recently been partially farmed out to Mosaic Oil.

    “Mosaic Oil is our preferred joint venture partner and operator, as the company is a proven Surat basin explorer and producer,” Mr. Prefontaine explained to the Australian Investor, “We plan to start drilling in 2009 within our Stratton Project area to search for oil pools in the 2 to 10 million barrel range. Bow retains 42% of the area after the farmin is completed.”

    Bow also has the largest gross land holding in the central Eromanga Basin oil province which it is looking to diversify via farm-in arrangements.
 
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