OIP orion petroleum limited

Didn't even reach 17 cents around the float (at 20 cents) .. or...

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    Didn't even reach 17 cents around the float (at 20 cents) .. or if it did very briefly. And also din't achieve this when drilling the oil well Willaroo last year (high 16.5). Its CSG potential is finally being recognised by the market now that its in the "csg mood" again! After 4-5 days drilling in the Coreena coal measures you would think it would have faded if the news is bad (i.e no meaningful coals encountered). Looking positive and will rub off on ESG if a good result. Upside for OIP on success to around 25-30 I reckon initially and downside back to 9-10.

    H
 
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