You could chk this doc on Malita Grabben's depositional history (use keyword 'Heron' to chk the Xsections etc) for a quik search. There are other recent versions as well.
http://www.ga.gov.au/image_cache/GA9151.pdf
Frm the data released in the past, it seems that they r sitting on a very thick column of Plover sediments at HS#1 (as that seemed 2b the case at H1 which didnt drill deeper).
So for now it remains to be seen where the GWC is, as the gas levels etc are still consistent & havent dropped off. Key factor will b the gas compo & whether its movable. The core they;ve cut will give them some idea abt hte reservoir parameters as well.
Wireline logs on TD will make it crystal clear. Then they can pick the best interval to test. Until then, they still need to drill to middle earth where the PLover will eventually become water bearing. Fingers crossed.
MEO Price at posting:
22.0¢ Sentiment: None Disclosure: Held
