Hi Freehold,Totally agree. Could not believe the 2p 1.1 Million...

Hi Freehold,

Totally agree. Could not believe the 2p 1.1 Million bo. Fantastic!

How can you get that from 1 well in a tight sandstone? I do not think the sandstone can be so tight, just across the line for permability maybe, but must be close to the line.

Flow Indicated the pressure recharged quickly when closed in. With fraccing of future wells we should have a tidy little earner here. Doubt we can frac this well, a pity.

Anyway CTP is about the huge acreage and the huge amount of money the joint ventures will spend.

In the US they have shale selling at $8,000 to $25,000 and more for undrilled acres in good areas, we only need a good million odd acres to make our money.

We may have bumps on the road but these are early days.

Good luck all and DYOR, even I do not follow my own advice