GC, it's a very good ann and signals many more years of production from the field.
Indicates that the central (mid) Galoc Field potentially has quite a bit it could add to the original field through the same process of initial development followed by infill drilling later on...essentially, Galoc and Galoc PhIase II all over again, albeit size differential unknown.
On top of that there is the potential of Galoc Nth. Galoc mid and Nth seem quite a good bet going on the stylised cross-section diagrammatic.
The raiders won't like the timing of this.
As Mikro would say, "hold tight your shares"....imo.
NDO Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)