I'm not sure that the market has yet appreciated the possibilities in the Albacore permit El.
The item I posted the other day from the parent company source of the operator points to the permit having simialr structures to Albacore nearby and therefor the potential for more exploration drilling if Albacore proves to be "interesting" or commercial even.
Yes because Albacore will be plugged and abandoned initially after testing then there may be a little lack of enthusiasm from the market initially even if the well is commercial.
Naturally I am hoping to prove that above comment wrong by seeing the NZOG share price take off on a commercial discovery at Albacore !
NZO Price at posting:
$1.35 Sentiment: Hold Disclosure: Held
