Typical Blo-bald news without enuf info.
However the positive spin is that they believe the oil shows they saw earlier in the Kapuni formation had leaked from the Murihiku formation.
Now they will acid wash the Murihiku formation and then production test it. This was always the plan but now of major importance. Remember they have flowed oil but it isnt in the Kapuni so is it in the Murihiku. Not good news but also not fatal news.
Latest news, page-4
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