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Ann: North Maroon DW1 Drilling Update , page-5

  1. gassed
    21,408 Posts.
    lightbulb Created with Sketch. 2095
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    16/12/11
    10:06
    Post #: 9448684
    The first commercial oil field in Australia was discovered at Moonie in December 1961. This is its golden jubilee!!

    Oil was discovered in the 4,600 ft to 5,900 ft zone mainly in the Precipice Sandstone zone (exactly where North Maroon is now!!).

    History repeating itself?

    Wouldn't we all have a great laugh if it is?
    ICN Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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