IMHO this will signal the start of a better future for OBL or whatever it decides to call itself (more relevance to conventional gas!!) and its shareholders be they new or existing.Even the previous management didn't have a clue what was under the seabed - now we do and most emphatically.
Good luck - it's still a difficult operating environment from a political and commodity volatility perspective.
At least there will be a transparent and honest delivery of facts and figures again IMHO
News: OBL Oil Basins announces 9-For-5 pro-rata renounceable rights issue, page-23
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