Project Icewine Overview, page-2

reasons to be cheerful 123...

spud on schedule for 1Q2017

Post completion of placement, the Company now has approximately A$28.2m in cash.

Excluding the billion plus barrels unconventional...Conventional incomplete data, for now...587 million barrels net to 88E, based on internal estimates

Remaining Initial observations indicated the presence of seismic stratigraphic features consistent with a potential toe of slope basin floor fan and underscores the potential for similar fan development across Icewine acreage.

Only 50% complete with potential for additional leads to be identified  

Icewine#2
Post the initial testing and appraisal phase, the well bore may be used to drill a horizontal sidetrack into the HRZ, or another formation, in which multi-stage stimulation and flow testing could occur.

“Alpha” lead located in close proximity to existing transport infrastructure and Trans Alaskan Pipeline with 118 million barrels prospective mean recoverable oil


Remaining processing of the Icewine 2D seismic survey  is nearing completion with multiple large conventional leads identified in Brookian Sequence over Project Icewine

anyone expecting more news?