Ann: Exoma Completes Katherine West-1 Oil Explora, page-17

re: Ann: Exoma Completes Katherine West-1 Oil... Low permeability will have been anticipated, but more importantly this also provides valuable info on direction/ location of the major resource. (they will be able to confirm & establish water movement/direction which is potentially carrying the oil) This is why they are drilling the more peripheral areas so as to map out and more accurately & identify sweet spots for their future on going drill program.

This is how I understand/ interpret what they have said in the promotional material and other communications that I have scanned.

The feel I get from reading the EXE threads is a lot of investors are speculators and are high on hopes for a major strike (any day now) and then over-react to the negative side, on what is just normal news flow that is part of the planned drill program.
This is not a criticism as I am only following this as a speculative opportunity and have not yet stepped in and purchased shares. The recent news has not changed my view.