Ann: Drilling Update - Project Range & Dukas, page-20

I expect Dukas has penetrated the cap now and Santos are taking cores whilst drilling, so maybe only drilling 20m per day - since say last Friday.

The seal is intake, there is a proven active hydrocarbon system, years of work, including 2 drills, have zeroed into the largest km2 onshore play in Au - its just a matter of how much gas and helium is there.

There could even be an update before open on Monday


Whilst do not hold directly, have a very small interest in HPR who have a 1% royalty over the permit, which equates to about 3.3% of CTP 30%

I expected CTP to be a lot higher close on Friday, but should be over 50c with a positive announcement