PSA 0.00% 2.1¢ petsec energy limited

vermillion drill jocam or others

  1. 228 Posts.
    Thinking of adding some more PSA, mainly because of Vermillion. As I understand it, the chances of finding gas on this lease are much better than a wildcat drill. But I couldnt find anything much in the announcements to confirm this.

    Jocam, if I remember rightly, you are quite upbeat about their chances of finding gas on this lease. Is that because the seismic is very encouraging? How do they arrive at 33bcf estimate, do they have seismic and where did it come from? Can anyone clarify?
 
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