So they do on the local beach here(have interesting sands), all in all I read as uncommercial for the upper 10 metres, and not much else in the lower levels except good quality sands.
They are after oil and gas at commercial levels, so that makes it dry in my book.
If it was onshore maybe the 10 metres would be worth putting a rig into extract if, but as it's out to sea, the costs beciome much more and therefore not so good.
Okay so the samples have been sent away, but an out and out discovery is always better that maybe we have something, and then maybe not.
Mark it down to experience, and allow me to be controvercial in saying it is dry.
It is to me, and so it is to the Market.