The fact that only "minor oil" recovered at the current level...

The fact that only "minor oil" recovered at the current level which i gather is the third zone is interpretd by the market as being bad news I think; hence all the sellers. On the other hand there are lot of buyers as well, so it could be ML trying out its funny business.

This result as against Waraga-1 which at the similar stage, flowed over 2000 bopd on the 1/2" choke and over 4000 on the 1". (Although i guess this is strictly not a flow test as yet)