theres oil there poolowanna 1 blamore

There's OIL there!
Extract from announcement 2/5/2008

60 A Poolowanna pinchout edge occurs on the Andado Shelf (possibly a stratigraphic play of regional significance) at shot point 2098 (Figure-1) where top Poolowanna Formation Cycle 1 shales (seal) overlap prospective Poolowanna sandstones at the base of cycle-1.
These form the reservoir in the Poolowanna-1 oil pool which recorded significant oil recoveries of 38 deg. API oil when drilled by Delhi Petroleum in 1977.
It is thought that the Poolowanna structure was breached by Miocene faulting which is not apparently a feature of the Blamore prospect nor the leads on line CB08-01. 7)

In 1977 it probably was pot luck drilling .
30 years on we have these wonderful seismics .

More from this days announcement -see 2/5/2008 release CTP.