Fair poitn Khaliqs, but way too soon to say it aint there. TLM made very clear from the outset this was recon drilling, and the market expects a jackpot day 1. They didn't go deep on ave (which gives credence to going for recon drilling).
Secodly, they have 3 other zones with abraham etc, so I am relaxed. Additionally, the lower zones are closer to degrussa fault, if you look at the formation on the ALY announcements.
While today was ugly, I still feel it was a knee jerk reaction, because there is still a hell of a lot of ground un-drilled there, with good chemical anomolies to boot.
Downhole EM is where the fun starts too.
Ann: Drilling Update -Springfield Project- , page-22
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