Although it has already been discussed here, if the gas at Glyde #1 is wet then the condensate has the potential to add significant value to the production from the shales at Glyde. As for conventional oil targets if you have a look at slides 15 and 16 from the presentation released on the 13th of June, it has information on where the oil and gas shows have been in all holes drilled to date. The conventional oil and gas shows have been in the Barney Creek, Lynott and Yalco formations but at different locations. I believe the depth is not that different to what they have drilled at Glyde #1 so around the 1,500m.
http://www.asx.com.au/asxpdf/20120613/pdf/426t10jcty77qg.pdf
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