didn't reply straight after announcement as i could see that there were some pretty complex structures happening at Crux.
Having taken the time to try and research understand what they have actually found, i think we're in for an upgrade to resources.
There seems to be 3-4 different reservoir plays throughout the Crux field, so complex geology, much more complex i'm sure than what they expected.
Hopefully the G.C.R is very positive at the Crux-2ST location, if it is, then imo we could see a conservative resource above 70mmbbls, and that's excluding any extensions into their new Southern permit.
crux field
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