Ann: ORIGIN ENERGY LIMITED PEL 514 GAS FARM-OUT , page-29

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  1. 1,257 Posts.
    lightbulb Created with Sketch. 12
    re: Ann: ORIGIN ENERGY LIMITED PEL 514 GAS FA... Yep, I struggle to accept that Senex continues to highlight Sprigg-1 as a 'oil discovery' in there presentations, although are yet to come back & test it.

    Unfortunately, as is always the case the minority interest has to wait until the operator decides to act.

    I will say that SXY 450+ lead map in 10/12/13 announcement, does indicate some juicy oil targets in the northern portion of PEL 514 (uncovered by recent 3D seismics), so no doubt these will be on the drilling agenda soon enough. GLTA
 
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