the smell of an oily rag

So lets keep it simple.
THE oil and gas ARE in the pacoota formations.
YES, we know THIS FACT!

Chances of finding it are obviously about 1 in 5 because of the probability of knowing oil has been found in these formations.
Johnstone W1 (pacoota) is in one of the lowest points of this basin region.Any oil and gas has certainly been well compressed and treated by the forces of nature at this depth.

If there is a proverbial smell of the oily rag in the first days in JohnstoneW1 - pacoota, obviouly the oil and gas are there.

If by chance CTP do the unexpected and hit BIG BIG first time in this area then obviously it should be a VERY HIGH probability that there is lots more in the region.

Putting it simply - first big hit and CTP can lay claim to massive interest. WHY? Simply - its there OIL and GAS.

So as we all know -this could really make CTP popular once again. For now as psi81 says lets just dream a few more days and hope that the unexpected unfolds.

Perhaps even the proverbial anticipated surge UP about Thursday or Fiday could be an interesting precursor - someone knows something that its THERE.