the announcement seems to confirm results thus far have exceeded expecations. The key risk is gone, the presence of a big resource is confirmed. A second risk of continuity is now also gone. The deep vertical wells may provide alot more further upside and create a stepped change in the perceived value as inclusion of verticals in any economic model increases commercialness substantially. Perhaps it is slow and steady,(it seems to be happending pretty quickly to me) but it also continually moves the companies shale project down the risk curve and thus up the curve of attractivenss to a major
Now to the second and equally exciting part of the ann - the Tanazania siesmic news is equally as attractive. think about the possibility of increaae oil reserves by a multiple of 7 or 8 times from one target - wow
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