EMR 0.00% $3.70 emerald resources nl

Yep - I got the same conversation from co - was going to post,...

  1. 505 Posts.
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    Yep - I got the same conversation from co - was going to post, but did not because it still comes down to - well we need to test to see what there is.

    3 possible outcomes -
    1. Caverns of oil in lower level
    2. Oil and gas in Anderson level
    3. Gas in Anderson level (how much to be detemined).

    If just gas will need to be large (as previously stated) to be commercial in the short term.
    Options 1&2 obviously commercial straight up.

    Question for Neil_WA or other techies -
    If the caverns have oil in them, why isn't there any pressure (or why isn't there any pressure regardless of oil or not).

    PB update was mentioned for Monday.

    Heres to good news Monday.

    cheers
    MD



 
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