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3.70% 5.6¢ challenger gold limited

Saltbus,Read the announcments the clues are their in between...

  1. oscarWon
    1,710 Posts.
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    17/01/11
    14:37
    Post #: 7747043
    Saltbus,

    Read the announcments the clues are their in between lines for you to interpret...

    The Board of Challenger Energy Ltd (Previously Sunset Energy Limited) is pleased to
    announce that the well being drilled on the Triple Crown Prospect has now completed
    wireline logging operations and sidewall coring. Preliminary analysis of the wireline logs
    indicates that the conventional sands have similar properties to successful analogous fields.
    The wireline logs also support the very significant amounts of unconventional gas shows
    seen during drilling. Initial analysis suggests excellent gas saturation across these zones. A
    petrophysical analysis of the logs is in progress and further results will be reported when they
    are to hand.
    CEL Price at posting: 23.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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