Uncertainties about exact composition .. that's all.24 Jul 2019 21:12
I read the RNS definitely as a very positive update on events now underway.
They clearly are stating that following the 'successful drilling' of wa2 and based on the data gathered so far that, it is expected to flow but, until it is actually tested they can't guarantee the exact composition of oil to gas. They are not saying that it may not flow anything all. Slightly misleading wording I agree.
It's not to be read in my opinion, as meaning that it may not flow at all. But, some folks I feel have misread the RNS and unfortunately sold in error.
.... Based on the analysis of the data gathered while drilling, it is uncertain whether the well may flow oil or gas, or a combination of both. Furthermore, the composition of the hydrocarbons would need to be determined during the well test.