Highlights: Winx-1• Oil shows have been observed whilst drilling within the Nanushuk Formation in the Winx-1 exploration wello Preliminary review of the interval suggests that the zone in which the shows were encountered is at the lower end of the range required for commerciality; however, further petrophysical analysis is necessary• No oil shows were recorded in the shallower secondary target (Seabee turbidites)• Forward plan is to continue drilling to test the deeper objectives
Ann: Operations Update - Interim Results from Drilling, page-4
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