ARQ 0.00% 45.5¢ arq group limited

Hovea 4

  1. 174 Posts.
    The rig has just been released from drilling Jingemia and is now on it's way to drill the next well in the Hovea field, Hovea 4. If the past performance is anything to go by, things should be getting pretty exciting in a few weeks time. Hovea 5 is contingent on the success of Hovea 4 and will be drilled straight after.
    The aim of 5,000 barrels of oil per day should be reached by mid December and then the money will really start rolling in.
    Eric Streitberg knows his stuff and I am very confident that he will deliver all he has said.
    The AGM is on 26th November and should be a very upbeat report of the years successes and future.
 
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