MOS 0.00% 16.5¢ mosaic oil nl

surat- bowen basin drilling program

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    Refering to the 30 th April Quarterly Report, it states that the forthcoming drilling program in the Surat-Bowen Basin will be finalised by the end of May.
    So expect an announcement soon.
    MOS Share Price usually kicks during a drilling program.
    If the Fraccing news remains positive and is announced around the time that wells are being drilled this should also drive the share price in the right direction.
    (I also think that the BP disaster in the Gulf of Mexico will see an end to deep ocean exploration worldwide, and this will be positive for predominately onshore explorers like MOS)
 
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