Huinga 1B getting close

  1. 1,317 Posts.
    By my calculations Huinga 1B has progressed some 60 metres in 24 hours, the best progress made for onks, so if they keep that up they should be in the target formation over the weekend (famous last words!!!). If I am right it means we have just this arvo to get in or get out. Decisions, decisions. I don't know whether oil and gas shows in the fracture zone are a good sign or not and would welcome a geologists opinion. Does it indicate seepage from a reservoir below or lack of seal?
    Somebody bought a heap of AWE today, wonder if they know something we don't. Or was the seller the smart one? Looks like the truth will out by Monday. JBC
 
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