Yeah you may be right Kastin, it is a fair way downdip and possibly below the Birsa OWC. But it does raise the question, if the Birsa is a secondary target why would they place the well where they won't intersect it?
I think it unlikely they would have missed an oil-saturated Birsa if it was there. Even if they were in the transition zone where the oil isn't moveable they should still have had oil shows in cuttings.
JKA Price at posting:
12.2¢ Sentiment: Buy Disclosure: Held