With all the fanfare about the details of the latest ann I thought it might be pertinent to take a step back and have a forest from the trees perspective at how our little OZzie O&G coy is doing.
- We have PB assets (on the brink of being fully tested and realised if not already).
- Large coys are interested in a WI% J/V on our tenements. A project partner to 'accelerate' the horries. Highest bidder or best bidder? A good situation to be in, nigh a great situation to be in imo. A big SP catalyst.
- 5% + no doubt another 5%WI in at EF with PIONEER a big coy that has proven O&G resources and capabilities. I wonder if the WI% was offered as a catalyst to a potential J/V (carrot bugs?)
- We are looking at more PB acreage as it seems its back on. Where will the $$$ come from, hopefully SG sees it from the ground in substantial amounts. Also the flows and estimates already indicated are usually very very moderate so expect an increase imo.
- On the side we have;
* Bowtie which is almost at TVD and..
* FP which is a side to all of this action but an asset none the less.
So there we are - we're taking full advantage of our main acreage asset, we are not a one trick pony and we are diversifying in key plays to our advantage. Contrary to the few on these threads that play down GGP management, I think SG and his team are doing a mighty job orchestrating what many believed here to be the next SSN.
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With all the fanfare about the details of the latest ann I...
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