http://hotcopper.com.au/asx_announcements.asp?id=183871
EPG holds a 2-2.5% well head royalty for oil discoveries on the former holdings of KBO, bought by ARC and demerged to BRU ... might be a nice earner on success.
A substantial farmin with potentially $50-100 mill expenditure in the Canning Basin, now referred to as the Canning Super Basin ... the farm in partner is Mitsubishi.
Can't hurt.
Dex
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http://hotcopper.com.au/asx_announcements.asp?id=183871EPG holds...
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