Also pretty sure the NSE well was only targeting dry gas....reading further seems Conoco may have looked at the wrong section of the well. Talk of needing additional cores higher in the well confirms this and would definately not have been in the plan pushing up their drilling time and costs. Major change in the KEY registor going on, someone is happy to suck up placement and other stock at this level with about 20% of company stock traded last few weeks. Management need to talk more about the unconventional potential of both canning basin leases minus cricket crap.
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nicolay no 1 drilling update , page-8
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