Like others, I am absolutely "gutted" by the Lockyer-2 well result; apologies to those who took my posts as being completely accurate. Just when you think you understand the subsurface, it throws up an unexpected result like Lockyer-2. Condolences to all impacted by this result. Take a look at the depth map below and all-important depth vs. pressure plot, pre- and post-Lockyer-2; a pre-Lockyer-2 gas column of 600+m has shrunk to around 100m! The decision not to core was a key insight.
Kind regards OldGeo
NWE Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held