From spud announcement 16th May.
"Nido Limestone reservoir target prognosed at approx 3400mTVDSS."
It was intersected 50m higher & they have now drilled to over 3500mTVDSS with low porosity. ie half of the expected reservior will NOT be productive.
It may improve below, but the 600MMBBL target is now less than 300MMBBLs & falling.
announcement, page-27
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