Hydrocarbon is there, now confirmed. Is it commercial, will it flow? remains to be seen after wireline logging and flow test early next year. Not sure what else market expecting. SP movement seems to confirm it was all priced in. Not much appetite for high risk propositions under current markets sentiment playing a role too. Apart from that, it is a good announcement, ticks all right boxes, oil shows, fluorescence, LWD curves crossing, etc. Looking forward for Wireline logging results.
Ann: Hickory-1 Operations Update, page-30
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