new projects, page-17

Redal, I would not worry about industry averages. They vary enormously according to the area and the technical competence of the company. Some companies hold moose pasture and the geologists couldn't find oil in a service station. ICN is not one of those in my opinion. Their acreage has been accumulated carefully and slowly and they know what they are doing.
If I am not mistaken , I have read previous releases that stated Santos have committed to drilling more wells , maybe three or four, later this rear on ICN permits. So in my opinion , once the share price starts moving, and maybe its started already, the schedule of activity and announcements, deals etc will see the sp keep going and the only way to make money on this is to get in early and hang in there.
You have to be a whacko not to own some of these.
Occam