15/12-24 S wellThe above Norwegian well being spudded now, of which IAE holds a 25% interest, has significant potential as per the following note from a document I read recently about this license:
"Note: According to partner Det norske's
latest presentation, the well will test the
Snømus Prospect with estimated potential reserves in the range 14 - 94 mmboe."
So as our fine feathered CROW friend would say:
IAE.TO up 8%...................................................................................check
IAE.L up 11%....................................................................................check
possible discovery of up to IAE net 23.5 mmboe being spudded.....check
other NS E&P shares up...................................................................check
Brent up.............................................................................................check
oil index and energy ETF's up...........................................................check
well#5 a gusher.................................................................................check
solid 2014 financial report..................................................................check
SHINY and friends slapped and thrown under the bus once again...check
Waaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!!!!!!!!!!!