SHG sunshine gas limited

shg to hit the big one in the next 48 hours

  1. 473 Posts.
    Sunshine is currently drilling below 2000m in the appraisal well Overston 2. The first target zone the Showgrounds sandstone is at around 2300m and the second target is the Tinowon at 3000m.

    This propsect could contain up to 400-600 bcf of gas or over $1 billion worth. Sunshine owns 50%.

    This is an appraisal well not exploration so they will almost definately find gas.
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