That's not completely accurate Brett
From their announcement on the 8/12
Forward Plan
The rig is expected to take around 2-3 weeks to drill the final section of the well to a measured depth of approximately 5,500 metres and evaluate the Caley reservoir section with wireline logging tools.
They 'could' be at total depth, but just haven't run the logs yet... they could also be half way through the caley and have massive oil and condensate and gas..
They could also be right through the caley and come up with nothing.. (not likely with this team)..
I am hoping, no preying that this bodes well for sp... even if it does, I would expect a whole lot of selling into it..
I don't think we will see much over 15c for big oil and gas.. but gee I hope I'm wrong..
Gltah
Ann: Trading Halt, page-13
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