Let’s hope they actually find commercial quantities at Biv Peak...it’s no certainty reading MS comments..
Maynard Smith, Byron’s CEO had this to say regarding the Byron Weiss-Adler #1 exploration well:
“........ The somewhat elevated risk associated with this prospect is commensurate with the substantial reward if successful and is further offset by the reduction of Byron’s risk dollar exposure through the leverage provided by farm-out terms. We look forward to bringing this opportunity, to fruition and finding success with our Bivouac Peak partners. “
I’m assuming he thinks SM74 to be drilled in about 6 months is a better bet ?
comprehensive t.a., page-156
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