oil is light not heavy, page-5

Madan

I'd say the oil is complimentary, the area is more of a gas province. They've found 3m of oil from 366m at very low pressure, thats why the excitement. Cant test it, so needs a beam pump install.

I'd b happy to sit on this as they'be got 44 wells to go this year in a area thats already a known province.

They've drilled 2 wells so far, 1 with gas & the other with Oil & Gas zone. Note that they cant report any flow tests as the gas bearing shales need fraccing & the thick oil needs to b pumped.

cheers