Finally got my question answered by the team, the source is in the direction of the Magellanic Clouds but far further out at 1.3 Billion light years compared to the clouds at 200,000 light years.

Weiss has also dropped a some hints when talking about the run analysis:

"We’re very happy that there are other, smaller ones, this is not unique"

The first event is given a designation GW150914, which almost certainly means they have multiple events as the analysts will need a reference to events so they know which they are talking about.

Last edited by Orac; 02/11/16 06:46 PM.
I believe in "Evil, Bad, Ungodly fantasy science and maths", so I am undoubtedly wrong to you.