bakken formation, page-3

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.