WGP westralian gas and power limited

Is anyone else looking forward to further production information...

  1. adz
    263 Posts.
    Is anyone else looking forward to further production information regarding the Riddle #11 well?
    Based on flow rates released by the company in May 07; this well alone should have produced between AU$400,000 a to $1,000,000 worth of crude oil to date.
    Not bad for a spec with a market cap of $9,000,000.
    It makes sense that the company is clearing the areas around Riddle #11 for more wells and securing the adjacent leases - this area is the key to initial cash flow imo.
    I notice the director's caps are being bitten into occasionally?
    -all in the announcements.
 
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