psi81- The shale potential is a secondary target that they wish to get some cored data from but the primary targets are conventionally reservoired Pacoota/Stairway sandstones in a four way dip closure (small) within a very large 3 way dip closure-fault seal thought to be intruded by salt thus giving a more effective seal.
The company has announced information on it's targets numerous times, no to mention the vast amount of other information that's available in the public domain. I can't understand why anyone would be confused over this, particularly yourself since you state you have a geological background...
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