I'm not sure why people are saying GWC was not intersected - TD was always going to be when GWC intersected. Drill report 11 says TD was determined at 4454m - why would this not mean the same as TD being determined by intersecting GCW in drill report 10?
From Report 10: The forward plan is to drill to the final Total Depth (TD) as determined by intersecting the interpreted gas water contact. Upon reaching TD, A comprehensive formation evaluation program will be conducted.
From Report 11: Since the last report, 216mm (8 ½”) hole had been drilled from 4,358.6m to 4,454mMDRT (metres Measured Depth below Rotary Table) which the operator has determined to be Total Depth (TD).
MEO Price at posting:
23.5¢ Sentiment: None Disclosure: Held