g'day baron,
when i saw that bit ...
“It should be noted that, based on recent geotechnical studies, the oil sand encountered in Jacaranda Ridge #1 (which produced 405 barrels of oil per day on open hole test)
has not been reached
and is possibly only metres below the current well depth of Jacaranda Ridge #2.”
i read into it as 'not been reached' meaning not as much as first thought. so many others may have read it this way too. silly me. they are talking about 'depth' NOT 'target amount'
should bounce back when the penny drops.
waiting for the innamincka magnet to draw this one along.
be good,
40.
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