I agree it is a significant statement. 223m of continuous fluorescence is hugely positive. It seems as if the company kept drilling in the hope of something eventually showing up in the Clanmeyer, but it never did. This is quite a negative, as that was the target formation.
HOWEVER, a lot will depend on the porosity and quality of the seals in determining if we have anything of substance here. The shear depth of the fluorescence has me quite excited, but unless something miraculous happens, this well will not flow to surface and has a minute chance of being commercial. CTP recently drilled a well that had live oil shows- ie visible oil in the core and even that didn't flow to surface because of porosity issues.
Overall I'd rate this a 6.5/10 in terms of what we were all hoping for so far. With any luck the results will show that there may be grounds to drill another hole in the hope of finding a better showing.
I hold awaiting the results of the log.
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