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Hrcka, the drilling results indicated that unconventional oil &...

  1. Surandy70
    6,736 Posts.
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    29/04/13
    22:45
    Post #: 11699289
    Hrcka, the drilling results indicated that unconventional oil & gas was present in the Goldwyer Formation at Cyrene #1.

    The cores are being tested currently to determine the quantity and whether it is worth doing a frac test.

    Looking at the available information EP448 actually looks a lot more prospective than EP438, although location wise EP438 is closer to main roads so would likely be easier to commercialise.
    KEY Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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