They have found traces of oil over 45m interval. That would be huge if it were to flow. But its hard to see 'oil shows' over 45m interval turning into a gusher. I'm starting to be a bit of a pessimist when it comes to this JV. I think the best chance for a rise in sp is from Wirraway- to be tested soon by Santos. To me its looking like yet again another very ambiguous result that goes nowhere. The Birkhead formation is characterised by very variable flow rates. You need a bit of luck. Haven't see much of that around for this group.
I really hope i'm wrong.
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