I don' think the drilling update is particularly clear.
Did they side track the shallow play as well as their intent to side track the deeper play.
Noted the drill stem test in the first shallow play is a dud - but I guess they have yet to stem test the other 2 shallow plays? Or, have they ruled these out due to wetness/tightness - does this 'wetness/tightness' comment apply to all the shallow plays ...
Does the core sample relate to the shallow sidetrack (if there is one) - hence is the shallow play wet and tight, or, is the core taken from the 'top' of the deep play, hence the deep play may (in all liklehood) be wet and tight, but a second core sample is underway at the botton of the 800ft play.
Does the phrease 'unlikely to contain commercially recoverable hydrocarbons' relate to the shallow plays ... but not (yet at least) to the deep play.
Appreciate views as ever ...
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