OXX 5.26% 3.6¢ octanex limited

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  1. 55 Posts.
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    Kastin and 34232... and everybody else who was trying to work out where we were at.

    I have been having a look through the OXX website, and found this.


    "Wireline logging, pressure testing and formation sampling was carried out over the 3614m to 3721m MDRT (measured depth below rotary table) logged section of the sidetrack and Octanex was advised by Santos that the wireline logging of the section included a 107m gross interval, containing approximately 40m of confirmed net gas pay.

    The hydrocarbons were encountered in stacked sands of the Late Jurassic Angel Formation and the Late Triassic Mungaroo Formation, with sample hydrocarbons recovered to surface during the logging operations.  The Winchester-1/ST-1 sidetrack was to then be deepen in order to drill those further potential reservoir zones."


    I think the relevant bit is the
    "The hydrocarbons were encountered in stacked sands of the Late Jurassic Angel Formation and the Late Triassic Mungaroo"

    It pretty clearly states the formations you were after.
    Still doesn't mean much to me, but hope it helps,

    Cheers
 
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