Oil Search (OSH) drilling could be great for CSP in the short run, but it's really NOT why we're in the stock. But at the very least, OSH is a worthwhile neighbour to have.
CSP has excellent acreage in an area of possible / probable (?) strikes, and CSP has enough cash for considerable drilling. THAT's why we're in the stock. The presence of some big-pocketed neighbours is a lovely bonus. Especially as one of them is already drilling.
News from CSP will probably come when we least expect it. ;)
"Ain't it Always the Way"
Regards, the xombie
CSP Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held