TEG 0.00% 0.4¢ triangle energy (global) limited

Ann: NWE: Xanadu 3D Seismic Results, page-33

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    'Thickening of the reservoir sequence across the Xanadu structure, away from the Xanadu-1 intersection, is not evident on the new seismic data'

    So we have 4.6 metres of interpreted net oil pay. The seismic data does not show any increase in thickness.

    I wouldn't be surprised if the recent selling is related to this. The data was out there for a while. The interpretation came out later.
 
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