A Pumpola CC - Notes

[Optionray]

"Very pleased with support from all levels of PNG Gov't" "Every day is a possible final day" "No intentions of negotiating in the public domain" "We are very close, very close indeed" "I do believe we will find more gas. I do believe we will find more gas around E/A" "We have brought in people experienced in exploration from RDS, XOM, CVX and people I have worked with" "Independent from GLJ and GC they have come back with glowing reports and say this is a 'World-Class Gas Province'" "Confident now to start a multi-well exploration program" "We've contracted 3 rigs and are working on a 4th" Wahoo- Close to Port Moresby, 160 kms to PM, close to infrastructure Raptor- 10 KM W of Antelope. Multi TCF reefal prospect. Bobcat- Sits between Ant and Tri. "These prospects would rank in any mega-majors exploration portfolio" "These assets are being sought by a number of mega-majors" "PRL 15 really excites me. It is a giant hydrocarbon. It will take 4 wells to define" "We have parallel development plans for PRL15 with multiple mega-majors" "We will choose the winner" "Major, major value will be transferred to shareholders"

 I must say, this is probably the most impressive cc I have listened to in all the years Ive owned IOC(2007). It is about time we got some color.  Well done Dr Mike!

Just what I was thinking, I agree.