It would appear that this is a very long but not wide structure...

It would appear that this is a very long but not wide structure . The difference in the 2 announcements regarding oil in Place concerns me . Stuart appear fair value at the moment and the next well ( If Succesful ) will be completed as a producer and can soon be turned into an income producer . I feel that there are more prospects in the area and the Hutton Sandstone is a Prolific Producer in the Cooper Basin . I do not own shares in either company but am looking to buy Beach after they have their reconstruction ( Share Consolidation ) and I would expect Capital Raising to fund further development of their very interesting Prospects Regards Towie