The Owen 3 well results look interesting for us on the other shale play - the Arthur Creek formation. Pity about the other two wells being delayed, but I guess this is the most indicative well for CTP. What Statoil does next in terms of its phased farmin arrangements with PetroFrontier will be of great interest. PFC wording suggests that Statoil are very happy with Owen 3 to date, so will be interesting to see.
500klm, 150m and 9.5% organics means what?, page-12
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