Any drill has its risks. Risk vs reward. The individual must...

Any drill has its risks. Risk vs reward. The individual must appraise this.
The scenario of a large anticline structure with oil and gas seeping around its edges, is as the TAG geologist commented "as good as it gets".

The drill bit will uncover the mystery of if it is oil seeping to the surface or a monstorous accumulation of oil filling the anticline structure and seeping out the edges.

There is no more of a promising scenario than what is there, and it is the usual case of doing your own research.
As with any probabilty scenario, subsequent failures/successes mean nothing, and you need to analyse the individual risk factors of each trial(drill). A wildcat is always a wildcat and 1 in ten chance of success.

1 in 10 chance of hitting a massive onshore oil accumulation possible 200million barrels equates to a SP increase to around 3-5 dollars. Risk vs reward-dyor and make your own decision on any risk you want to expose yourself too.

The fact is GGX is a minnow with tiny market cap and would skyrocket on any success with the drill bit at Kate.