EMR 6.02% $4.05 emerald resources nl

bakken formation, page-3

  1. 58 Posts.
    It is relative Db

    Secondary objectives
    Sherwood/Mohall formation at 5,900 feet and
    Bakken formation at 7,000 feet.

    Primary objective Winnipegosis pinnacle
    reef at approximately 8,400 feet.

    If this wasn't being treated on a tight hole basis, I'd expect the market to have received some postive hydrocarbon indications.
    The drill should have reached TD, Bakken shale would have been cored over 4 days ago. The boys know what they have by now.

    I'm taking the statement: "Both Emerald and the Operator are encouraged by drilling activities to date." as an indication that they're on a winner. I just wish I had the spare $$ to top up in the last few dodgy days on the market.
 
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