London Presentation November 2019, page-35

Garrym79,

The company themselves have described the HRZ at Franklin Bluffs as bitumen, so no need to be cautious around this.

"The nature of the dominant kerogen in the HRZ has been demonstrated to be prone to more rapid
transformation into hydrocarbons than other shales initially used for comparison. This means that the thermal maturity window for volatile oil in the HRZ is at lower temperature than that typically seen in other plays. As a result, the Franklin Bluffs location (where both Icewine wells were drilled) is considered to be just outside the fairway. The kerogen in the HRZ at Franklin Bluffs has been converted largely to solid bitumen, with sub optimal intraparticle porosity and connectivity. The total porosity of the formation remains excellent – the effective kerogen porosity (pathways between the
particles that contain the hydrocarbon); however, is lower than ideal. At slightly lower thermal
maturity, it is prognosed that porosity/connectivity will be significantly improved".

http://clients3.weblink.com.au/clients/_88energy/headline.aspx?headlineid=6931527

The oil from the cores at Icewine 1# was extracted via toluene leaching in the lab, not sure if this is a viable method in the field though.

Cheers