An 86% success rate for exploration wells in PEL 513.
An incredible result really.
As an extra bonus the new discovery today has net pay intervals of over 16 meters.
If any sort of corporate action does occur, DLS will be quickly provide what is currently not provided to the market, extimated 1P, 2P, 3P figures for all the discovery's to date in the DLS/STO wet gas area.
Its a shame DLS has not provided the market with an idea of just how many other potential fields might be in PEL 513 (North, Central and South). They are happy to do so when talking about PEL 91 and PEL 101.
DLS Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
