Kingy, SXY has commenced a 30 well drill program, which will include PEL 514 - once Ensign Rig 48 has finished some holes in the Southern, it heading for Western Flank oil targets, that includes us. As I noted yesterday, can't wait to see the 3D target images, like they did with pre drill Worrior-8 announcement. PGS is extremely leveraged to any success & we'll know soon enough...a higher oil price is probably also giving SXY a lift, but realistically pre-June selling saw a few of these types of stocks oversold ie PGS @ 1.8c.....GLTA
PGS Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
