NSE 0.00% 0.4¢ new standard energy limited

wet/dry gas???, page-11

  1. TBE
    3,734 Posts.
    Thanks gasbag.

    Is condensate dependent on higher total organic content or perhaps another (combination) of factors.

    If it does depend on higher TOC, the company has stated the base of the Goldwyer shale is the most prospective, which is supported by the core samples from the Mclarty showing much darker shale cores.


    If wetness correlates with TOC => dark coloured shales, then we could be in for some good news next week and the one after that until they finish this well.

    I am hoping they move straight onto the next well, during which we may have concurrent good news of lab analysis of the Nicolay samples and confirmation of core samples from the second well.
 
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