You think its strange for INP. I am a large holder of SEA and for us its a bonus as it is non core. The day the oil shows were ann we went up 4c or so to 54c and then back down again. When it was announced that it flowed oil it went up 3c on volume of 19000 shares. SEA have 23.3% free carried interest. It worth 10-15cps to them. STU had gone up 17cps over 2 days so a few may have been clearing the deck. The flow rates will be quite good for the Cooper area. Not many wells these days flow better than this. There are exceptions I agree but as fields are depleted flow rates are reducing.
INP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
