WGP 11.1% 1.0¢ westralian gas and power limited

Does anyone know what's happening with exploration of EP 455? It...

  1. jn
    317 Posts.
    Does anyone know what's happening with exploration of EP 455? It was reported late last year that exploration would commence in "early 2011" but I can't find anything recent on this. I know seismic work is currently being done (or beginning very soon) on DR 11 with drilling planned for "Mid to late 2011"

    I'm trying to work out how likely it is that the WGPOA options will come in to play (they expire 01-Oct-2011) With a market cap of $9m, a whiff of gas could send this above 5c very quickly, and WGPOA is massively leveraged at $0.003

    I know WGP options have expired out of the money in the past, but with two potential company-
 
watchlist Created with Sketch. Add WGP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.