inp and stu

Excerpt from STU annual report page 18:

"Cleansweep was chosen as a first test because it is located adjacent to the Permian Patchawana Trough source rocks, ia a simpe 4 way dip closure at a number of levels and has two wells with oil shows to the north on the same structural ridge"

Excerpt from INP latest announcement:
Flax East 1 - the target Patchawana Formation and Tirrawarra are hydrocarbon (oil) saturated.

Looks to me like STU are the next company to hit the oil in the Patchawana Formation with the Cleansweep drill, which is half way to target depth, and the share price has started to move higher as the drill bit goes deeper.