An Oil and Gas dog, that is dead in the water since its failure in Gippsland, or is it?
Options: 55m 30/11/06 20c
Has 2 new projects one is very very interesting.
1. JAMAICAN 50:50 JV
Currently doing seismic and 2d data interpretation in order to indentify where best to do a 3D survey, drill targets should be ready by October
2. European Venture, (This is the one I think has alot of potential) 50:50 JV with GGX, Currently evaluating prospects etc and is applying for exploration acerage, is being tight lipped about details, but has disclosed the area it is applying for has reserves of 13TCF + 500mmbls oil surrounding it,
Think EPG people!!!! remember what happened to that, anyone else follow this?