Silver lining to Johnstone cloud

DESPITE failing to produce oil from the promising Johnstone West-1 well, Central Petroleum managing director John Heugh remains optimistic about prospects in the western Amadeus Basin.

Silver lining to Johnstone cloud Silver lining to Johnstone cloud Silver lining to Johnstone cloud Silver lining to Johnstone cloud Silver lining to Johnstone cloud

"I guess although the market is very disappointed by these results, the fact that is definitely live oil at Johnstone West-1, is very good news for the western Amadeus," he told PetroleumNews.net.

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