Ann: Halifax-1 Update & Extension of Shantou Gas , page-7

re: Ann: Halifax-1 Update & Extension of Shan... You're technically right Speculator, but, the old saying will apply with Halifax-1 when compared to Moonta and Streaky. QUALITY always beats quantity.
I don't think that anyone doubts that Halifax-1 and 855 appear to be so much "richer" than anything in 218. The REM zone, the Patchawarra Formation, 25-33% deeper than anything found so far in 218. 1300m of gas saturatation.
Those numbers are completely compelling when we are simply comparing numbers.

But, Speculator, did you notice that they are going to frack into the Callumarra Formation also?
That is in the Post Permian zone and if Halifax-1 translates into 218, as seems to be the case, then this will be the first indication that we have been given as to whether or not ICN's 30% share of the Post Permian section of 218 also comes into play!

This is a huge play and let's hope it all works out as they expect. Be also nice to see what numbers come out from Moonta and Streaky, but, they really will only be an indicator and no a true reflection of what we hope comes out of Halifax-1.