Extract from Finfeed earlier :

Extract from FinFeed earlier:

"SGC is currently drilling ahead, below 2300 metres, to the highly under-explored deeper targeted reservoirs in the circa 900 metres of remaining section to be drilled.

This being the case, there could be some major market-moving news released next week, but there was also a key takeaway embedded in yesterday’s announcement.

Since the last update, mud logs have indicated new zones of significant gas shows in improved reservoirs, which are interpreted to be equivalent to sandstones seen in outcrop in the coastal ranges to the west.

Importantly, these were not considered likely to be present in the Dempsey well, and while management has advised that the significance of these shows will become more apparent when the next wireline logs are run, it would appear that this is unexpected upside among a range of the company’s estimated multi-trillion cubic feet targets."

Https://finfeed.com/energy/sgc/good-news-builds-sacgasco-intersects-multiple-gas-zones/20170831/