Yes they have. They will have results out by end of this month. They noted in the quarterly that it is looking very positive. Results were supposed to be out last month but they needed to do further analysis of the results which is even more confidence boosting.
I have said it before and I'll say it again, if TPT get a good farm out deal, then it only bodes well for PVD. PVD do have huge potential, with the only major difference being TPT's is shallow water and not as expensive to drill.
Ann: November 2012 Investor Presentation , page-8
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