The remedy for your 250K could be the cute OilCans play that the OBL subsidiary Canning Basin Oil has at www.canningbasinoil.com.au. Needs $10K minimum to play.
Although I haven't finished reading the expert's report it appears really good for the punter who wants to drill. It is onshore and a fraction of the cost of STU's offshore play. The prospects look large and the leverage terrific.
They took some time to structure it to be punter friendly and get it printed up and circulated. Believe it now closes Mon 19 October 2009.
Regards Davros
STU Price at posting:
64.0¢ Sentiment: None Disclosure: Not Held
