Next week we should see more news and hopefully more volume trading both, WGO and STX.
Monday morning most likely results from logging and MDT - confirming pay zone, porosity, permeability, gas content, gas composition etc., than drilling ahead through the Basal Wagina (which might extent the pay zone from this section) to the Carynginia shale - the upper seal for the main KHC taget zones.
Than we will drill the monster Kingia sandstone...
Both, the Dongara/Wagina and the KHC targets might strongly exceed expectations and it might confirm that we have to different and independent gas sources at these two layers...
I really think more excitement will kick-in the coming days... (in particular because bigger boys will closely following whats going on at West Erregulla....)
WGO Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held