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Re: roger wilco post# 20229

Sunday, 04/24/2011 4:58:54 PM

Sunday, April 24, 2011 4:58:54 PM

Post# of 42999
Money is not tight in the oil sector. AHAVA Energy raised $35mill, ran 1500km of seismic and drilled three wells in the Officer Basin since 2009. Rodinia also raised $50 mil last year and will start drilling in the Officer Basin next month. Central Petroleum and Senex have both raised money for drilling frontier basins. The money is out there for reputable companies.
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