Hi Melindax71,
My view WoodMac can make this interpretation/conclusion because they would have keyed in the two dry holes drilled north of their red ribbon - Moodehead-1 and Kabeljoi-1 which both concluded that at the depths the source rocks were penetrated, they were immature to generate oil.
Since then, the PEL-87 3D seismic has delivered an updated depth map at Kudu Shale level, which demonstrates that it has been buried deep enough to be in the oil generation window beneath Saturn.
OldGeo
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $97.63M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.3¢ | 1.1¢ | $82.14K | 6.951M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3483590 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 3691907 | 8 |
View Market Depth
| Last trade - 11.35am 30/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |