Geez Zia with all the speculation and discovery (on who might be the JV partner) it won't be too long before we pin the tail on the donkey.
Haliburton has been mentioned a few times over the past six weeks and as we know, they have drilled in JV with SSN recently. The idea of multi-horizontal wells with them is appealing to say the least.
Laredo, Pioneer and Swift Energy have all been suggested as potential partners and any of the above will put a rocket under our SP short term.
Longer term will depend on the success of the play but we know the oil's there - 3 out of 4 wells have struck oil that we know of - so it's looking like a stand out winner. We'll know once the first hori is completed.
Cheers DJ
GGP Price at posting:
1.9¢ Sentiment: LT Buy Disclosure: Held
