For the total waiting time to see the results, I think we also need to consider the possibility that the rig reaches the TD, but need to take extra steps to do pressure test according to the log. For BURU energy, it reaches TD last week, the log tells of substantial oil zone, but it needs extra 2-3 weeks to get pressure test to see whether it flows or not. I guess the same thing might happen to NWE.
I admit the upside potential is a lot, but if it is a duster, the price is also possible to drop 2/3. I bought CUE/NZO last year, it targets 14 TCF with BP. It turns out to be a duster and the SP drops from 24cents to 6cents.
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