Ann: East Blina-1 Operations Report No. 5 , page-5

hi slampoil

i have enjoyed your views in the past as a balanced opinion
i am a long term holder of obl but i now question the ability of obl to find oil or gas.

from the ann east blina report 5

With the drilling of East Blina-1, the Backreef Play Agreement farmin commitments are now complete.
The drilling of the East Blina-1 exploration well has provided the following valuable information:
a) Firstly, preliminary analysis of the wireline logs has greatly increased the knowledge of the extent of the dolomitic reservoir interval (intra Yellow Drum reservoir) first encountered at Backreef-1.
b) Preliminary correlations of formation tops have confirmed that this porous and permeable zone within the Kimberley Downs Embayment extends from the western boundary of the Backreef Area to Backreef-1 in the east (some 3.7 km distant).
c) The Backreef Area Joint Venture has sufficient high quality stratigraphic data to enable, with further future 2D seismic, a mapping of this zone to establish future drill targets elsewhere in the Backreef Area.

how can OBL management be so blase with this ann!

it was a duster!!

zed