Good post Rawk. The seep significantly has been analysed as 'thermogenic'. Further hydrocarbon shows and flows to the South at Cutter , Barque , Galleon etc confirm source and system in the immediate geological area.
Only question with the seeps is obviously 'is this the very start of the expulsion , or the very last od it .... or somewhere in between'??
We will know in about 8 weeks ,,, hard to ignore the impact of a strike on GGXs SP .... as little 1mmboe would be worth 10 times GGX current mkt cap ,,, and pre-drill estimates run from 25mmboe to 200mmboe ...OOIP.
Time to buy for Kate-1 drill is now ....imo.
SALTY
kate 1 oil seep, page-3
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