Thought I would start a thread on the West Erregulla play. We have the Spain thread.
For me - March 15th is D-Day. Thats when this RTO bizzo is complete and we can move forward with Warrego and the Waitsia drill.
I dont think that PRL holders follow or realise the potential of this next drill. It is very serious stuff.
AWE's Waitsia sold for 600 million. Its 16km from us. In reservoir formation terms, its about as close as you can get...
disallowed/business/companies/awe-accepts-602m-mitsui-takeover-bid-20180205-p4yzem.html
https://www.businessnews.com.au/article/Strike-swoops-on-Waitsia-gas-look-alike
Waitsia circled in blue
Oil and Gas drilling is risky stuff, but when you hit it......