ITC impress energy limited

tigershark very significant

  1. 1,214 Posts.
    The importance of next drill, Tigershark, is two fold. Apart from being a larger size target of 7mbbls it is most likely in contact with Wirraway.

    IF they find oil that flows at Tigershark it will greatly enhance the value of Wirraway where they know there is oil but they could not get it to flow freely (67bbls pd) at the time of drilling.

    The JV has gone very quiet on the concept of 'one large oil field' but I think if they can get a 'tiger in the tank' (its bad when you remember slogans from ages ago)they will trundle out the concept again ...and it would be great news for holders.
 
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