OXX 5.26% 3.6¢ octanex limited

qrtly rpt - winchester non commercial, page-3

  1. 563 Posts.
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    It was in the Ann released over a month ago. And I think everyone had already kind of figured before that too.

    Basically said "preliminary post-well analysis by Santos suggests that the estimated size of the Winchester discovery, by itself, to be insufficient to be developed economically. Further contributions from possible deeper or adjacent hydrocarbon zones to the Winchester location would be required to augment the resource". page 4.

    Good value add to any further discoveries they make in the location, just not big enough by itself for Santos to be bothered developing further.
 
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