no...they need to get the core out ok... the HUE core was 99% recovery... pretty good...
PB stated they wanna see if they can drill it, and then frack it (when talking about it in the media)...
looks like they should be able to get the core done..
then the next step is to do the Stage 1 Geochem testing, and to effectively show that it is the desired liquids-rich gas that they are after... that would be really good... sure hope it happens
cos BushFed#1 was an oiley gas but on the gassy side (and not in the sweet spot), as it had a HI Index indicating type III kerogens (i think) and now ICE#1 is further north of it, going towards oiley HRZ (Great Bear's HRZ much further north, was oiley (type II kerogens?)), so it is hoped that ICE#1 is somewhere in the sweet spot which would be inbetween the two
if it is only oil or only gas then it is not good at all... they want an oiley gas, so to speak, but one which is not too gassy...
but we already know that they had persistent oil shows in the transition into the HRZ and that the HRZ chips were bleeding gas... so from that ? looks like an oiley gas perhaps... whether the gas is oiley enuff to be a type II/III from the appropriate HI index etc, will be shown in the Geochem tests, as well as whether they have at least 2% TOC...
here's hoping
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