Might have to come back nxt week for the complete story (re: logs/tests etc). For now good to see them drill ahead & encounter decent shows.
Keypoints frm the latest update are:
- visible oil in the cuttings (over the shakers) - with white-yellow fluor - gd-vgood visible porosity, - high gas readings (160 units is 1.6%) with C1-C5's.
Hopefully the WL logs will confirm the porosity (8-12% range or better).
Overall this 10 m section frm 1469-1479m looks promising, hope we get a good flow frm it. The top part should b safe behind casing.
CTP Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
