following suggests the data is still being interpreted...
"The exploration well Mt-Kitty-1 was re-entered on 23 August 2014, and a comprehensive logging program was completed which confirmed that the Heavitree Sandstone was absent in the well, and that gas flows in the well reported earlier emanated from fractures in the granitic basement. Evaluation of the Mt-Kitty-1 samples and log data continued during the second quarter, to enhance understanding of the petroleum system and enable estimation of raw gas in-place. Gas isotope and geochemical analyses will be undertaken by experts in Australia and USA, to investigate the origin of various inert constituents such as helium and nitrogen and modelling basinal gas compositions."
Unless someone here has any other news...?
CTP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
