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  1. jake0002
    8,545 Posts.
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    10/12/10
    12:54
    Post #: 7595236
    did you all see Beach announcement re Encounter-1???

    they hit 200m of shale so far, but were expecting only 60m shale.

    so big implications for GIP for resource calcs. could even be bigger resource than they imagined.
    must have BIG implications for our permit next door.

    so BPT will extend drill depth.
    also gas shows as they drill in shale sequences.
    ICN Price at posting: 19.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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