gneiss
It doesn't look like they encountered the oil/water contact, hence Ted's reference in HDR's ann. to the discovery having "at least a 23 metre oil leg"; I wonder if they an indication how much deeper it is from the seismic.
One good indication of the potential of this find is that WPL chose to flag their ann. "price sensitive", given WPL's market cap this can only be taken as a positive.
Cheers
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