i am not sure what I am missing here? the entire structure has previously been drilled for oil, and came up ZIP..
there was a bucket load of gas coming on throughout the original drill, which i think went to 10,000 feet or more, they drilled that well with heavy mud weights, the well logs are there to see
to me they have given up on the structure entirely at that location but are perhaps looking at it as a test well for4 deeper drilling
its a reservoir that hold potential but engineering wise has not produced an answer to the investors as yet
REL Price at posting:
0.2¢ Sentiment: Buy Disclosure: Not Held