the biggest benefit for (imp) is hi guys
the biggest benefit for IMP it has Net Revenue Interest 60.9375% in it's Carrolltown Prospect.
this could definitely fly when IMP announce some flow rates and possible reserves. this is just a GUESS SHARE PRICE 3CENTS. NOT A BAD RETURN CURRENTLY 1CENT
AS USUAL I HAVE NO IDEA ABOUT O&G GAME.
below is from the company..does contain some positive news..
""Stephen
Thks for the email.
We have provided all details we are allowed to under ASX Listing Rules. The wells have been logged with estimates of total and recoverable reserves made. However, this information is not the form acceptable for the ASX announcement.
Flow rates and choke size will be announced as soon as the wells come on stream around mid to late April. Each well will be separately connected to a gathering system.
The wells are certainly commercial and probably on the larger size of a typical Appalachian well.
Regards
Bruce Mcleod""
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