It's pretty straightfwd to see what's going on. Both r getting set for the next bit of newsflow from the W/Sands at WE-2.
They had opened up 15m of this target Formation from 4102-4117m when they gas readings increase. There was about 113m more to drill to 4230m (as per their last update) which in my view should b wrapped up ovre the wkend. So the mkt expects something along the lines of continuous gas shows seen as per increase in the Background gas in the next update.
After reaching section TD at apprx 4230m they'll condition the hole via a wipertrip & then run multiple suites of WL Logs from the last casing point to 4230m or so to infer the net, gross thickness of gas pay, porosity & fluid samples etc etc before drilling ahead. GLTA.
It's pretty straightfwd to see what's going on. Both r getting...
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