SGC 0.00% 0.4¢ sacgasco limited

Ann: Share Issue to advance JV secured - 12-Sep-16-SGC.AX, page-27

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    i am asking about the dempsey well here

    QA capitals report state

    " However, the largest upside of ~800BCF, is the Lower Cretaceous Boxer Formation, where SCG have identified at least four separate targets."

    then is goes on to say

    " CRC’s recent Tulainyo gas find, west of the green Kione-Forbes Formation plays (see above map) has potential to create industry interest in SGC’s plays at Alvares and Dempsey. "

    is it saying the CRC tulianyo well tested the Boxer formation closer to surface, is the Boxer formation closer to surface there? under 5000 feet for instance?
 
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