"is currently cutting 120 feet of core from the Niobrara 'A' and 'B' intervals"
Now that would be the zone of oil saturation if i'm correct.
Oil up 85.55, XEJ up 161 and AMEX closed last week on the high prior to this mornings CA.
"Oil traded near a three-day high in New York as investors speculated that growth will resume in the US, spurring demand in the world's biggest crude consumer.