"why should it be?"Plenty of reasons why SC and also thanks for...

"why should it be?"

Plenty of reasons why SC and also thanks for your input here. Respect your work on oil and gas stocks.

The sovereign risk isnt what it is made out to be for oil and gas here. Minerals this may change but oil and gas is chugging along nicely.

Also Ranau was achieved bu Prabu Energy prior to the back door takeover of QPN for a reason many others don't have. Mochmaad Thamrin now on the board of QPN is an Indonesian National and owned 20% of Prabu Energy. You only need to read the link Purd put up to see why this was basically "given" to Prabu.

Add to this fraccing isn't required in this region. As was put to me they are drilling directly into the gas. It isnt shale gas such as NWE is into, as much as I like NWE as you know.

Add in the initial upside of such a low entry point and it gives a great base to begin research on.

There is a reason they are going straight to drilling simultaneously with 2D seismic. Amd the main game being gas, oil is simply a bonus should it occur.