AB that's the problem, without a flow test you don't know if it's viable. it's essential to do a flow test to progress the contingent resource.
What they are saying is that they will focus on SFfS and SMD - If they come up, then this will likely be where the horizontal will be placed. The BFF is potentially another zone but not tested so will have to be done on guess work or via a new hole because Hickory will be sealed to do the other flow tests.
This is IMO wasting the $13 million spent to drill to the BFF. As it stands we will have wireline and nothing else for BFF. This announcement took a free internet phone call and a several thousand bucks to turn the BFF to contingent on the back of Pantheon. What a stuff up!
do your own research - I give up Company is on its way out IMO. I will hold my shares, but likely to be Toilet paper after the next CR.
All my own opinion
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