Yes the announcemnet has left many scratching for...

Yes the announcemnet has left many scratching for clarification.

Your proof of oil in place sandstone is enough for me and needs reinforcing for anyone who missed this key info...

"A gross oil column of 10 metres with a three metre net pay was encountered in the McKinlay Member of the Murta Formation. A Drill Stem Test on the McKinlay Member recovered 39 barrels of 54.6 API, light brown oil in a 3 hour flow period, equivalent to a flow rate of 312 barrels of oil per day. Preliminary interpretation of the Drill Stem Test and wireline log data indicates at least 305,000 barrels of oil in place from this well."

Thanks.