Dom you're completely right in your second paragraph. PB said...

Dom you're completely right in your second paragraph. PB said they had tested old well cores from across the acreage with a 'free flowing colour' test (hope I've got that right) and it basically showed the same colour as Icewine 1. So they are very confident in the continuity of the play's quality (plus the HRZ gets thicker in the new acreage, up to 1000ft).

He also said the mistake they made with Eagleford was "leaving too much money on the table", i.e. by not grabbing enough acreage early on. "We're not making that mistake here, we've got this sucker all sewn up".

When the ANN comes that it flows at highly commercial rates, I suspect that will also be the first time we hear of our new resource potential as well. Double whammy mother f****R of an ANN that will send the share price way high, raise money off the back of it to fund the next horizontal well and "we're going fishing, no more science wells" to quote PB last September. Bring it on