Great analysis.
I find all this talk of Pebbly Arkose in podcasts etc quite distracting from the main game and nothing in M1 gave me encouragement about Pebbly?!
I continue to be of the view that faulting in the shallower sections have leaked everything away and you need to drill deeper into the basin to find commercial hydrocarbon accumulations ie. Upper Angwa and Lower Angwa being the obvious deeper targets here.
I personally think they chose the M2 location to drill Lower Angwa + Upper Angwa updip vs. another Southern block "twin".
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