PV1 0.00% 2.3¢ provaris energy ltd

I reckon that's about as good as could be hoped for really....

  1. 694 Posts.
    I reckon that's about as good as could be hoped for really. Canning Myanmar is probably a prudent move given the current lie of the land.

    Sounds reasonably positive in terms of the caprock wells. You would have to think that if they had little to no confidence in the results from poole1 they wouldn't bother with poole2 so I guess we have to trust in their experience and hope that either or both wells come up with something commercial. If we get anything commercial at all that can cover the costs of the drilling and generate any kind of meagre profit beyond that I would be happy enough at this stage.

    No mention of Krotz Springs yet though.
 
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