Meerkat, the company have already flagged that they are different structures. This does not alter the fact that Cascada, and anything else they find in this area, significantly enhances Promontorio economics.
We just don't know, from 7 holes, how big Cascada is.
Btw, my take on this selling is (in the absence of a Drake disclosure) the sophisticates from the 4c placement. Many would have hopped aboard for a quick trade on the back of Cascada results. They probably don't know what AZS stands for.
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