5GN 3.33% 14.5¢ 5g networks limited.

re: ** drilling results due Kunzia 1 oil exploration sidetrack...

  1. 24,765 Posts.
    re: ** drilling results due Kunzia 1 oil exploration sidetrack well operated by ARQ was expected to take six days from 27th. October.

    Offshore Flying Foam operated by ROC which is expected to take 10 days from commencement of drilling "on or around 30th. October 2005".

    A positive result from either of these, particularly Flying Foam, will quickly fix up ARQ's chart.

    As I have indicated before, the market seems to be ignoring the value to ARQ of future Cliff Head production which is not that far off.
 
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