VPE 0.00% 41.5¢ victoria petroleum nl

Primary target was at 1800m and expected to be around 30m thick....

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    Primary target was at 1800m and expected to be around 30m thick. From what I could tell in the Adelaide Energy prospectus, which had an independent geologist's report regarding West Florence - it looked like all of the secondary targets were shallow to the primary. So probably nothing in the fact that they pulled up a bit short.

    Would have expected to hear a bit more about the hydrocarbon shows if they were likely to be a stand-out success. Especially whether or not they were in the primary target.

    Will hopefully hear more tomorrow.....


 
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