As I stated earlier the depth correlates to the bottom of seabee, hence water saturation makes sense.....Nanushuk still 200' of drilling to go, probably there by now so more news to follow.....
At the drilling schedule Imop this is the bottom of seabee with Nanushuk some 200' below @4800ft onwards. I think this announcement is due to ASX regs having to declare any and all hydrocarbon shows. So Imop there will be another RNS either close today or Monday with actual Nanushuk news!
The depths reported don't correspond to Nanushuk should be a couple more 100 feet to go before they hit so they've jumped the gun Imop Maybe asx stipulates any oil shows must be reported so they had no choice? I think there's a nice surprise coming either at close today or Monday! GLA
At drill schedule at this depth what has been reported is actually the bottom of the seabee formation. Nanushuk is deeper........ I have Nanushuk as 4800'
Can't see they would announce anything other than a strike! Why bother if you hit nothing in seabee you'd just keep going no need to announce that......
Very close now! LWD will be giving real time data, hopefully moving down through early gas shows into oil columns of X vertical meters in multiple zones! GLA
I bought in originally @ .35, .50, .70 and .75 for 5m shares sold the lot between 1.6-2pps too early lol but a good profit. I bought back in a few days ago @ 1.03pps for 1.3m shares hoping for 2-3pps soooooon :