Also bear in mind that the additional 55 metres drilled at Phoenix South 1, before they hit Locker Shale.
They found:
"A further two minor sands were encountered during the additional 55m of drilling. While quantitative analysis has not been undertaken on these two 10m sands, preliminary indications from the real-time logging data are that these are both hydrocarbon bearing. "
20th August 2014 press release.
So its worth to drill a bit more....IMHO.
Also bear in mind that the additional 55 metres drilled at...
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