New Trader 1984, Your post was not market sensitive. The wire...

New Trader 1984, Your post was not market sensitive. The wire line testing you are talking about is completion testing in a cased hole. Oceanic would NOT have seen or been told about the logs. 5.4mil is nothing to invest for Oceanic, is was just a small part of there high risk holding, they have money to burn in Perth just now. It is normal to run your logs before you run casing, the logs can tell you if you have your casing point, you can't set casing any place. They may have run the second log to check the new casing piont, but as the hole has been way off with as to how deep every thing is, you could find they was just lost, and was trying to find what has gone wrong. New trader, if you want to learn about Oil/Gas GDN is not the one I would pick to learn from, try WPL, or Santos. If you are looking to make money here, you are in the real HIGH HIGH HIGH risk bracket. I don't hold any stock in GDN, I won't buy back until they have started to drill in open hole again. I