PIROA

http://www.asx.com.au/asxpdf/20110915/pdf/421315kn30rwgj.pdf

When oil explorer drills, usually no hydrocarbon is found or too uneconomical to extract. But in West Africa, it is so uncommon for nothing commercial to be found. And if it is an infill drilling, it usually produces better than expected result.

So today, PIR leapt in price. I topped up PIROA after the previous good announcement at 30c on the 16/8/11. PIROA hit 36c this AM.