AOK 0.00% 0.3¢ australian oil company limited.

I see Peter Strachan's response has already been shared here...

  1. 29 Posts.
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    I see Peter Strachan's response has already been shared here from LSE, so all I feel to say is make of the report what you will but I don't see it as a negative necessarily, certainly not an indication of non-commercial flow from Dempsey 1-15. This might be seen as a stretch, but I'm very pedantic with language, but if you disect the wording it doesn't explicitly say the 2nd zone is sub-commercial; it says the last tested zone. As the latest RNs stated 2nd zone test still underway, it could be argued that the last tested (past tense) zone was actually the first zone. The one with clean dry gas and no water. Maybe I'm clutching at straws, but I do feel it is important to really analyse what is being said. GLA, let's make some money!

    P.S. Kalahari, I'm hesitant to post the report due to all the fuss but it is available in its entirety on the advfn EME thread if you go back a page or 2/3 ish
 
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