Definately good news......language very vague....ie..
Still playing the hydrocarbons game....they know its oil/gas...
Understating length of column....130feet....when its clearly much bigger........since when do u only count the top greater than 10% perm???others count the whole column which has the hydrocarbons ..?
Under statements ,vague language.....overly conservative.....
When they should tell it as it is.....
They stuffed up the drill and don't want to take responsibilty .....lucky they recovered it....cement.....falling apart into the hole is poor cement work....
Tell it as it is...?
It is a great result and the SP will recover..
IMO
todays news sounds positive, page-8
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