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JWB1985

4,018 Posts.

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06/01/15

10:14

Post #: 14541281
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Originally posted by cougartrading ↑

Happy new year holders.

We must surely have an announcement imminent regarding our three wells at Capitola given its been 3 weeks since the last update. I'm particularly interested in the McCain well, which you will recall encountered 51 net meters of oil and gas saturation.

Whilst oil price weakness continues, we don't yet know what our costs/bbl will be. The share price is holding up well all things considered - probably due to the brilliant sale price we received for our Raven project.

I'm hopeful of some SP appreciation soon. Good luck all.

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One thing I can't quite fathom - what is holding us up atm?

Just our strong cash backing or has everyone forgotten we're in oil and gas?

PYM Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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