Nathan wrote
"There will be a re-rating to this stock to the 16-18cps level before Talisman's drilling ensues in the next few months. "
Is it the next few months ?
I'm doing some quick initial research on the run here.
I note NGE previously reported seismic and wells in 2010 for PPL's 268 and 269.
However I haven't seen any followup announcements on the planned schedule to begin seismic acquisition.
If the seismic hasn't even begun yet, and given the time taken for processing and interpretation, wouldn't we be looking at 2011 for the next well ?
no oil shows but elevated gas readings, page-34
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Mkt cap ! $38.39M | |||
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