hmmmmmm ....
"Lakes Oil N.L advises that its Holdgate-1 well, in PEP166 on-shore Gippsland Basin, has reached a total depth of 2752 metres and drilling has ceased.The well will now be logged and a down hole vertical seismic profile (VSP) will be acquired.The output from the logging will then be assessed by the joint venture partners to review the unconventional potential of the Strzelecki Group with an objective of identifying a suitable lateral well zone."
Scotty ...... what does this all means .... looks like they may have encountered HCs ?
hmmmmmm ...."Lakes Oil N.L advises that its Holdgate-1 well, in...
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