WORTH A LITTLE RESEARCH ON THIS LITTLE BEAUTY
Target has 5 wells to be drilled in the 3 and 4 quarter 2014. These wells are being drilled in the Permian Basin - Texas, which is the 2nd largest oil field in the world and an increase oil production could be on the cards. This share could make Christmas very enjoyable!!!!!!
The wells they are drilling are - BUNBURY, TAREE, BALLARAT, DARWIN and Boa North.
Great to see an AUssie flavour in naming of the wells.
TEX Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held