I certainly think the early report is encouraging - 70 bopd was less than I expected but it was from natural flow from considerable depth, which is not usually achieved in the region.
Now for the shallower SMD B test.
Important for my decision to hold is that the majors will know how to get that oil out and to market, if only the resource is large enough. So I see large upside here for cool heads.
IMO.
I certainly think the early report is encouraging - 70 bopd was...
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| 88E (ASX) Chart |