Drilling the last section is a slow process so that the rock structure's porosity and fraccing potential isn't reduced. I'd rather they take the extra month if it means they get it right.
If this drill hits good flows, it's indicative of a company at least 3 times the present size.
On the other hand, they're pretty slack with their drilling guidance. Not to mention certain other documents - where's the update and quarterly?
HOG Price at posting:
25.5¢ Sentiment: None Disclosure: Held