sle, check out my earlier post regarding ' favourite bedtime asx releases" : )
It clearly denotes the same seams in Blackwater as the those that extended through Dingonose/Duckworth. EL rightly points out the massive extent of the PES permits, which BOW does not have. They are sitting on a couple of extremely well situated permits....very finite but still very high quality.
In excess of 1900 PJ is a real possibility. I think it will increase the value of BOW, but not linearly.
MT,
The undalla nose area runs right under existing Darling Downs pipeline and is immediatley next to several power stations such as Braemer/Condamine. I think this as well as the competitive nature for the permits in the area helped obtain a better result.
Heres hoping we go to 3 or 4. We might need to have people competing for us to get there, then we have a show.
Remember that the World Famous Ron and John surf shop said that approaches had been made to catch some waves!
Happy days.
SF
BOW Price at posting:
$1.26 Sentiment: ST Buy Disclosure: Held
