Just noticed that the epicentre of today’s earthquake off Port Hedland, WA, is in TDO’s WA-527-P block. It was 33km underground at 6.5-6.9 magnitude. It obviously has no impact to TDO, as no operations are currently taking place there. CVN are currently drilling in the west adjacent block. They are at about target depth in Roc South 1, so hopefully no impact there. I believe that the area is rarely geologically active.
TDO Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
