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33.3% 0.4¢ australian oil company limited.

Ann: Share Issue to advance JV secured - 12-Sep-16-SGC.AX, page-12

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  1. WhiteNoise
    6,650 Posts.
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    28/09/16
    13:42
    Post #: 19477253

    The main sedimentary source for the deeper targets at Dempsey is from the West. Younger known gas prone sedimentary section is from the East

    But the huge potential is from the relatively undrilled deeper section which thicken to the Westwards from Dempsey.

    There are as yet no deeper gas field being produced from this condense sequence.

    Hence the TCF potential is still a wildcat well

    Meanwhile Alvares is just an appraisal well.
    SGC Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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