JD, I knew that I was not going around the twist. Read
https://www.petrodip.com/wp-content/uploads/2020/06/MGL-EP494-Perth-Basin_June_2020.pdf noting that what is now known as the Condor prospect was previously called the Muchea prospect.
In particular you will see
Exploration To‐Date:
• 2 lines of 2‐D seismic shot by MGL in 2019,
totalling 36 km, provided valuable data and
insights to the East Flank of the Dandaragan
Trough.
• Magnetic data analysed to map strata depths
identifying potential for structural
hydrocarbon traps.
• ~1000 km in 60 lines of 1980s 2D seismic
data reprocessed in 2016.
• Barberton‐1 drilled in 1990 to ~3,400 m
I expect that the STX seismic whiz kid. Tony Cortis, would have run his eye over all of this seismic data. In the world of business it is highly unlikely that you would tell your potential "takeover" how good his assets were.
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