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thick porous sandstone resevoir found, page-8

  1. joshua4687
    388 Posts.
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    30/12/10
    08:41
    Post #: 7668497
    I'm not getting my hopes up but this is very good news indeed. Although there probably wont be any definitive signs of gas, it proves the viability of the tertiary sandstone layer which was previously unknown. I am fairly certain this will lead to an increase in the total predicted reserves inside the PEP11 permit (and possibly an expansion of the permit area to include the identified anomalies.
    MMR Price at posting: 69.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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