Derby farm out basically. The 25m of Laurel shows is yet more evidence of the unconventional prospectivity of the area. I wasn't expecting the Laurel to be viable in this permit, and it fact it probably isn't, but it's a nice surprise so far north.
You never know, they might try and make something out of it (and I should say it is possible it's conventional given it's in a different environ) but really they should just focus on Derby now. It will be an easy win they need at this point. Any more mucking around at Backreef has to be deeper shales (or maybe this shallower Laurel if results come back more positive than I expect.)
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