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From: Advent Energy`s PESA Deal Day Presentation 31 May 09 ASX...

  1. pmunt
    572 Posts.
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    10/06/09
    12:16
    Post #: 5260889
    From: Advent Energy`s PESA Deal Day Presentation 31 May 09

    ASX release June 1 slide 14

    Tender now open for provision of jackup rig to
    drill Fish prospect; TD 2096 – 4496m, closing 30
    June.

    I suspect the 18% rise today is related to an impending release of drill activities. Last price 13c with only 3 sellers ranging from 14c to 18c.

    BUY has also jumped 50% in the last couple of weeks; no doubt in expectation of an announcement relating to drilling PEP 11.

    MMR Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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