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LSE tonight, page-7564

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    brombarb

    These are bits from the last 2 announcements there is no blue print or benchmarks.
    I think you are being let down gently about the whole play.

    Further analyses are required to determine the impact, if any, of the performance of the Icewine#2 well on the probability of success for the HRZ play at the Franklin Bluffs location and over the wider acreage position.

    The HRZ shale shares several characteristics with other successful shales in the Lower 48; however, there is no blueprint or benchmark against which it is meaningful to measure performance as there are also many differences. At this juncture, the Joint Venture is of the view that further analyses are required to determine what impact the performance of the well to date has on the probability of success for the play.
 
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