NSE stated on their anns that they are not expecting any free flow O&G. Therefore I am not expecting any conventional hit at Nicolay location. That would be good if we could hit it but there is not much chance I think.
All I am after is a black shale with ave. 3% TOC level as shown on the picture of McLarty core samples above; Goldwyer Unit-1 shale !
Also, if we could have it by a thickness of above 150m as shown on Missing-1 well stratigrahpy above that would be great.
Then if we could have good porosity and permeability from the core samples, and DFITs with ood results to extract shale liquids, then I would be rich enough to buy the boat in my signature.
And I believe we have a great chance for unconventionals.
Cheers.
NSE Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held