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Alias Born 06/16/2011

Re: rayank post# 873

Thursday, 06/16/2011 11:59:24 AM

Thursday, June 16, 2011 11:59:24 AM

Post# of 25846
.26 and going to fall some more I fear...

Have a look at the press releases by Cooper Energy (partner with Beach in PEL-91).
They just drilled a string of dusters north of PEL-112.
Parham 1, Stenhouse 1, Turton 1. I am wondering if the existing fields (Butlers, Perlubie) are full to spill. Doesnt look that way on the Cooper announcements and maps.
http://www.cooperenergy.com.au/our-investors/asx-releases/263-2011.html
It looks like a repeat of Pecos 1 (in PEL-112) which is dry and updip of the wells to the north; Jennet 1, Chelton 1.
Is the stock price reflecting those results?
Hopefully the dumbies at Brandenburg will raise the money, and HENC will get the promote. There is no risk in a free ride, although dry wells wont deliver any upside.
Does anyone have an opinion on PEL-444? I can't see any big fields nearby??
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