Latest update from CEO:
WDVG is currently working on the core. It takes time because we have 50 samples and we need to do them very methodically for the first well. First set of results will be permeability, porosity and gas storage capacity. Then rock mechanics. This all feeds into the updated NSAI report. Hope to get first set of results by Christmas (but can’t promise) then updated NSAI report late Jan / early Feb. Drilling season starts in April. Santos has confirmed that they are drilling 2 fracked horizontal appraisal wells on the adjacent permit.
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