I suspect Pancho Rico has been owned by the company for awhile but todays announcement is significant because they have been able to secure what they think is the full NSA trend.ie Glau was the missing link.
No doubt they would not have wanted to publish this info previously as a competitor could have come in for a bidding war on Glau.
If indeed it is a delta formation then this area should be at least as productive as NSA extending through Glau and into Pancho Rico.
The new seismic to be shot will be very interesting indeed.
It could draw a blank at its northern most area but it also could be hiding agood sized pool given the lack of drilling here.
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