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half yerarly -nw moran likely to produce

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    Makes good reading. They are not paying an interim dividend (of course if the pipeline goes ahead they will need the $s). But the MD says that they have discovered oil at NW MOran and that drilling continues "to determine the extent of the reservoirs discovered and to provide an optimmally placed production hole". Its a goer!!!

    I doubt that there will be an immediate response to the report, but maybe later today the above statement will sink in.

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