Hmm. Very interesting stuff from today's RBS Morgan presentation.
It would seem that I am closer to understanding what SXY has underway i.e. going back to old wells and fields, because as they clearly state, the Cooper Basin is very much under-explored, especially so with all the new modern techniques to increase recoveries.
(not trying to toot my own horn, just feel a little happier that spending so much time researching is actually useful for myself, and perhaps some HC readers)
Very excited to see what they can do over the coming drilling campaign.
(I am still a little puzzled by COE not participating in Worrior#9, perhaps they don't have the same ideas as SXY)
SXY Price at posting:
70.5¢ Sentiment: LT Buy Disclosure: Held