dunsborough plus cliff head update good produc, page-3

Looks like they are going to interpret logs and test before announcing, it appears to be a complex reservoir. If that's the case it's good they are not announcing anything unless they get a flow or otherwise. They are conservative which is good but I thought it was interesting that they announced they had a sniff of hydrocarbons early, I don't think they would have done that if they had thought it was a duster.

Time to load up now I reckon, we have possibly something at Drakea, then drilling at Dunsborough, Al magrabah, Reeb 1 flowing into what should be quite a bit of interest in the start of the Canning wells. All this in a few short weeks with minimal downside risk given that most of the recent recovery has been related to the recent Wandoo deal reserves increase.