Just having another look at the Quarterly and this caught my eye
"Austin believes it has intersected two large oil-filled natural fractures in the transitional zone between the Pierre and Niobrara formations, and another between the B & C benches of the Niobrara."
Previous to that they believed they had encountered one large oil-filled natural fracture in the transition zone and another in the Niobrara . They now believe they have two large oil_filled natural fractures in the transition zone.
So it seems we have gained another large oil -filled fracture. It may be quite an oily area. Sorry if this has already been picked up and commented on. I just hope they can find another one by the next update..
They are also considering a frac job on it.
Now who was that doom laden poster who thought the incompetent operator had probably wrecked the zones...some non holder no doubt.
Cheers Whisky
AKK Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
