oil seeps c1-c8 and gas around perimter of 15km/sq anticlinal trap. Thermogenic high quality oil seepage from mature late cretaceous source rocks similar to taranaki basin. Anticline trap extends to depth and has potential to trap 200 million barrels of oil.
SP potential gain on success= $3.50-5.00.
spud 15 may following kerosene creek in Masterton.
New build rig ready to drill immediately following Kersoene creek.
DYOR
oil seeps c1-c8 and gas around perimter of 15km/sq anticlinal...
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