EnCore Oil ..

Nice post on Motley Fool.

"Hi flyingbull,

This is indeed good news once again showing the supreme deal making skills of Alan Booth. If you have not already done so you should have a look at this presentation by Ikon Science on the Forbes gas field:


If Star decide to develop Forbes for gas storage I wouldn't be surprised if Esmond and Gordon (both much larger) are used for the same purpose. 500 bcf of storage is possible together with 250 bcf of stranded gas must be worth multiples of the current market cap alone especially with Gordon having got rid of PRT for these fields. Now what will that Golden Eagle bring....

regards,

peakoiler"


If you are wondering about Esmond and Gordon, they are Encore owned (100%):

Blocks 43/8, 43/13a, 43/15a and 43/20a contain the Forbes, Esmond and Gordon abandoned gas fields.


Cheers

Del