According to Eromanga's recent last announcement logging will now take place. Might be completed mid-late this coming week?
Certainly no reason for the share price to stop climbing in expectation of the logging results.
There doesn't seem to be any clarity in terms of whether the 149m was factored in the possible OIP of about 25mbbles in the Mercury Brazil report? This 149m (gross) is over 10% of the entire well depth!. They could not have expected this much interval particularily including the fractured basement zone.
Fingers crossed!
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