Ann: Progress Report-ISIS Report -Georgina basin , page-66

re: Ann: Progress Report-ISIS Report -Georgin... >Basically the oil is of poor to fair quality, they dont know how much oil their is, and they dont understand the situation. Thats all good?

Thats how I think most people have read it.

Very few wells have been drilled in the area, but those that have include Elk-2, Elk-6, Elk-7A, Ross-1. Abundant oil was found in the deepest well, and additionally moderate oil shows for some wells at very shallow depths.

I encourage all potential (and existing) investors to read the Volk paper, http://conferences.minerals.nt.gov.au/cabsproceedings/Final_papers/P40_Volk_et_al.pdf