Nicto, that does seem to be the potential way of transporting. Light waxy crude, pour point 50c (Sept. release), good feedstock for a refinery. With a density of 37API, seems to be around 20% paraffin/wax? The swabbing could have been to remove water etc to allow the oil to flow.
Interesting that we didn't find this zone with resistivity measurements, company said it was a surprise, so its actual width might be quite wide (what I am thinking is they didn't see a rapid change in resistivity/m so where fooled into not seeing any substantial change), upto the full length of shale... maybe. maybe even stretching into the sandstone above?
All speculation...
The updates and reports will be really interesting to read :-)
NWE Price at posting:
7.7¢ Sentiment: LT Buy Disclosure: Held
