STU 0.00% 94.0¢ stuart petroleum limited

complete turn reporting, page-11

  1. 5,867 Posts.
    Steiny, Jezabeel has a target of 1.5mmbls recoverable.
    It is a follow up hole to Harpoono, once they shot some 3D seismic and realised the oil could have migrated up to this one.
    If it works there are two or three other prospects in that structural setting.
    You are playing right on the southern edge of the Basin trying to grab any oil migrating from the north, rather than a play within the Basin itself.
    Probabilities have not been provided, but I would suggest higher up the risk tree unfortunately.
    The Murta flowed the oil in Harpoono.
    Cheers,TAS
 
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