I think a lot of people jumped in without really understanding...

I think a lot of people jumped in without really understanding the concept of oil farming. Lots of cheap wells to drill with quick payback times and produce small amounts of oil for long periods of time.

WPG may strike a multi million barrel field one day but I'm not sure they will while they drill these shallow wells.

I'm no expert but I'm sure the present find will produce a bit of oil at first and then stabilise hopefully at 50+ barrels a day. Hopefully I'm wrong and this is the find that makes this company but I feel the company making stuff is in WA and off the coast of Perth