EPR 0.00% 0.7¢ essential petroleum resources limited

news to follow

  1. 1,676 Posts.
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    Should get some news on the spud of the on-shore program in PEP 168. These should be short shallow wells to target a known gas province. The reserves may be smallish - 10-20bcf but good flow rates of about 10-15mmcf/d will produce gross cash-flow of about 9m/year. Enough to start planning the off-shore drilling program...the real prize for EPR.

    No farm-ins yet for P50, although I expect players to emerge.

    Cheers,
    Antman4
 
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