When is Maitland schedule for drilling?
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When is Maitland schedule for drilling?
-Tapis, an Asian marker crude benchmark for Australasian producers, closed
Friday at US$151.67
check out TAPs view lastest june presentation -Maitland looks very postive to me drilling maitland 4 & 5 4th qtr 08
bits from june pres-
Maitland-3H flow tested at surface constrained rate of ~6 MMscf/d
Well test, core and petrophysical analysis indicate complex reservoir
Further appraisal drilling and flow testing being considered for optimal development
Contingent Gas Resource of between 160 and 280 PJ
Australia/NZ Focus
•Acquire projects with
potential to add to or
become core areas ..............PPP ??
Hmmm. Tom Prudence. Googling this name plus "oil" doesn't yield a lot. Does anyone know more about this guy?
Never heard of him, but must say I'm excited that PPP is being proactive and appointing a
General Manager, Exploration + Production. Feel that the value of my shares just jumped up another notch. Even if Mr Market didn't think so!!!!
Looks like they are getting ready to purchase more reserves. I am assuming whatever NZO buys, PPP will be part of it also?
down to 32 when will the market wake up to ppp value ?
The scary part is that alot of brokers and analysis went to top schools and did maths and accounting and still got tis market wrong.
Maybe a combination of oil price dropping recently and the Chimeara liquidation saga that is having people panicking. A few force sales from leverage accounts doesnt help in a nervous market. The brave may make money.
Buying on the ASX is the go at the moment, slight price advantage.