announcement out, page-14

I will preface this by saying I am no O&G guy and therefore these are just ramblings of a hopeful sharehoilder.

Original TD was 16,300
Experienced hard rock/shale at about 15,758
After a further 550 feet of drill decided to continue the drill for +200 through Tex 3 sands
Reached NEW TD of 16,500ish on 21 Nov (did this by extending turn key opex)

My GUESS and its only a guess is that the Tex 3 Sands of which is the basis of the 3-4mmbo had been made from has changed. It appears the wireline is going to be run for a length somewhere from 15,758 and new TD of 16,508.

So best case could be 750ft. Worst case less than 200ft. The wireline log is going to be very interesting. Agreed by another poster "why didnt they mention Oil and Gas shows"?