EMR 3.86% $4.18 emerald resources nl

doodle - "Onshore wildcat exploration in WA is likely to focus...

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    doodle -

    "Onshore wildcat exploration in WA is likely to focus on the Canning Basin led by ARC energy whch is planning eight wells later this year.
    ARQ boss ES told O&G gaz that the second phase of his three year Canning program would be delayed until August."
    .. then he goes on to talk about the Wet season myth.

    The delay is obvious .. ARC, in it's current form, mightn't exist by then. A merged entity would need time to reorganise.

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