brr broadcast, page-3

I wouldn’t say it was a good result:

“The hole encountered substantial drilling problems, with very poor ground conditions and excessive caving caused by widespread and unexpected local thrust faulting, with steep dips in places. Unfortunately the hole could not be continued to the base of the coal measures sequence where thicker and gassier seams were expected. The faulting has complicated interpretation of the stratigraphy, but the current interpretation shows that only about half of the coal measures were intersected at Port Talbot.”

“It should not be assumed that the reported Exploration Results will result, with further exploration, in the definition of an economic gas resource”.

We have to wait and see what happens with the next hole.