Close at 12c
Up 0.021c, 21.21%
This stock has exposure to the Canning Basin too.
From the website
Canning Basin (EP448)
UOG hold a 2.5% interest in EP448. Arc Energy is the major title holder with 75%. EP448 is in the SW Canning Basin of WA and covers an area of 17,022 km ². It lies on the flank of the Willara Sub Basin, the Ankatell Shelf and the Samphire Graben. There are no well drilled inside the application area. The seismic coverage is poor and consists of less than 1,000 km of old data collected between 1970 and 1990.
The first year work program submitted to the Mines Department comprises a data review and aeromagnetic interpretation.