WGP 11.1% 1.0¢ westralian gas and power limited

Grasim agree absolutely, The majority of this area in kentucky...

  1. 129 Posts.
    Grasim agree absolutely, The majority of this area in kentucky was abandoned when oil was discovered in Texas and what little wells remained were abandoned due to low low prices at the time making them uneconomic. The good news is that only up until recently no modern seismic or 3d exploration was done in the past. Thats what makes this incredibly lucrative and has shown why WGP has had so much success on the drilling targets. Also they say that as much as 70% of the oil was left behind due to old exploration techniques and most importantly not many people have drilled down to the depths we are drilling. Good luck Grasim, Karoshi, Whitepointer and other long term holders who could see the potential in this stock and the management of WGP.
 
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