Australian Financial Review p.45
--Energy resources group Oil Searchyesterday reported a doubling of first-half profit to US$114.5 million, based largely on a 53 percent hike in the crude oil price during the period. Managing director Peter Botten also said the company was in talks with Royal Dutch Shell about a partnership in new natural gas drilling projects in the Gulf of Papua. "There is some serious potential for further gas discoveries," Mr Botten said. Page 45.
Hopefully this highlights the potential in NGE's PPLs and diverts a bit more attention our way
Australian Financial Review p.45--Energy resources group Oil...
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