PEM
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0.00% 35.0¢ perilya limited

They find 47 mtres of gas 500 mtres above TD. Doesn't that tell...

  1. brigadier
    154 Posts.
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    16/09/02
    11:33
    Post #: 59203
    They find 47 mtres of gas 500 mtres above TD. Doesn't that tell you that there wasn't anything at TD? The gas bubble at 1750 WAS the glow on their charts, disguising the fact that their was nothing at depth.
    Too small to be commercial. You have to remember that they were chasing signals that would tell them that they had 1tcf potential with the next hole. They aint got that.
    PEM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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