Currently researching my butt to see if this is a good buy and have come up with this so far.
1. Total structure is 78m interval 2. 4 sweet spots to produce from with a porosity of 25% average 3. First test zone was the basement area with a 6 meter target area achieving a flow rate of 180 barrels a day 4. No water was found in samples taken 5. Next test they are actually drilling another 12 meters down which could take the structure to 90meters interval.
Looks good so far Will keep reading.
OEX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held