Great announcement, nice to finall seee the numbers.1B+ barrels of liquids across a few targets is extremely attractive because if 1 is proven, most likely the others will be too and the size of the prize is plenty big enough to justify a separate development for the oil.
Seems a lot of people are obsessing over the COS numbers.... I wouldn't pay too much attention to them... new basin wildcat drilling... can make the COS whatever you like but would always expect <15%.
Even if the first well is dry, it will provide data to calibrate the seismic which should really help highlight what is going on in the basin.
Not long now until the first of many drilling results
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