27 August announcement said "Elevated gas and fluorescence were encountered in a shallow secondary target and the presence of oil was confirmed by an intermediate logging program. Oil samples from a thin sand were collected by an MDT wireline formation tester for further analysis. This well data confirms the existence of a working petroleum system" which is not inconsistent with Presentation yesterday.
They have been testing for some time. There were multiple targets on slide 26 RIU Good Oil Conference ASX announcement 11/9/14.
IMO only DYOR.
Ann: Presentation - Resources Rising Star Conference, page-27
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