Thats correct in the eyes of reporting it is not considered exploration. It is on a development lease and thus considered development for reporting purposes.
Thats not to say these wells are part ofnthe reserves or that the reserves cannot increase with high impact wells.
If you wish to confirm. Feel free to email management, if you did this to begin with, we could of avoided spamming these good folks ( or not so good, i havent met them afterall, just liketo give the benefit of the doubt)
FDM Price at posting:
60.5¢ Sentiment: Hold Disclosure: Not Held