Management are very confident thats for sure. Lets not forget the following.
"It has also said in an update today that it had identified mean risked potential resources for the greater Ungani exploration area of more than 300 million barrels of oil as well as 4 drillable targets identified near the Ungani Oilfield along with more than 20 leads and prospects."
Mean risked potentional of more than 300 million barrels of oil..20 leads and prospects. The proposed Ungani North-1, Yakka Munga-1 and Jackaroo-1 exploration wells in the Ungani area are only the start.
Anyway..weekly drilling progress report due tomorrow..hopefully jam packed with good news from Paradise deep.
Management are very confident thats for sure. Lets not forget...
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