EME should fall tonight. How far it falls is anyones guess. Today's announcement was negative. Below is my post on FAR board detailing reasons:
"The purpose of the vertical test was to determine location of optimal flow within the Gatchell pay zone so horizontal drill could target that horizon. In the absence of this vertical test information, are we now to rely on John Kopcheff's intuition for locating target horizon?
I imagine FAR (& SUR) directors are none too pleased at this point in time.
I hope like hell that Eagle gets up for everyone in the 'Oiler' community but today's announcements is of great concern.
Good luck to everyone,
OP"
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EME should fall tonight. How far it falls is anyones guess....
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