Some Quotes from the ann just now:-
"Results positive but need to be treated with caution"
"...results were found to be so disparate that they may not be representative of actual gas compositions of the reservior..."
9% Helium - Good news
13% Methane
4% Ethane
11% Hydrogen
61% Nitrogen - Bad news
"...However, Given limitation inherent in the sampling technique employed the commercial significance of the Mt Kitty 1 gas discovery is unable to be judged based on the results recorded to date..."
New rig to the site to replace damaged rig and delay till the end of June.
Will do more 2D seismic on the area.
prelim gas composition results
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