ITC 0.00% 8.2¢ impress energy limited

something is up, page-19

  1. 261 Posts.
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    After carefully reading the presentation of 14th of April 2010, and then reading the presentation of 25th of November 2009 it would seem that the Mollichuta 3d of PEL111 and PEL104 has perhaps revealed a larger fairway than was expected.

    The presentation in November clearly indicates with question marks that the field could be open in many directions, as well as the direction of liberator lead (see page 8. Nov 2009 presentation)

    Looking at these maps, the 3d so far has only covered approximately 20% of PEL111, and where the latest 25 drilling locations are to be drilled, if they are sucessful, then this fairway could be proven to be huge, with the rest of PEL111 waiting to be 3d surveyed!

    IMO DYOR

    IMO DYOR
 
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