10-23-2014, 06:40 AM
MH openly talked of oil on the Raptor trend on the July roadshow and referenced "oil seeps". I thought it was a bit premature and given the copmany's past not a wise thing to build up any expectations of the black stuff unless they were sure. I am by no means saying that is even close as I know there have been many oil shows in PNG without any big discoveries. So to some extent MH has talked about that potential previously. What this group comes away with will be interesting. Best bet is to simply hope for another big fat pear shaped gas formation where we can stick one straw into it. If there's anything more to the situation than than in the PR we will see it in the stock next week. Easy enough to call your trader from the field.