Great presentation out from ARQ today.
2nd rig being brought into the Perth Basin for development drilling and the current rig will be used solely for drilling oil exploration wells until the end of this year starting in April.
News should have been received well by the market, but the tree shakers got a hold of ARQ today. Looks like they've done a pretty good job, lots of accumulating going on in the low $1.90s.
Do your own research.
oil exploration back to back from april
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