I like this paragraph taken from TEG's announcement this morning.
“Key initial findings indicate that in addition to the potential of the up-dip structure previously announced, there is now evidence that oil volumes are also present further downdip from Xanadu-1. This is encouraging as it means there is potentially significantly more oil than observed and the joint venture will plan to drill a well which is deeper to see how far oil extends down into the structure."
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- Ann: Xanadu-1 Discovery Update
Ann: Xanadu-1 Discovery Update, page-32
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