speculation of action in the cooper, page-9

haka,
I need to read the full article to get a handle on it. Presumably this journalist knows the oil and shale game and is not guessing. It is obviously good news for SXY particularly as I rate SXY's shales better than BPT's.

The proof of that will be at the conclusion of SXY's shale drilling and testing programme. underway now. If Senex can book the same reserves as BPT ( which imho they will do easily ) then Senex's shale could be worth $1.5 billion which would be worth around $1.50 per share. Of course, as you know, Senex's Cooper Oil is worth 700,000 barrels per year ...and climbing )

It is early days and whilst Senex's TCF potential is staggering there is a whole lot of work to be done. Imho Sensx's shales are wetter and thus more valuable than BPT's.

This thing is getting bigger by the day. Get as many as you can.These are once in a lifetime opportunities.