imho, excluding the fact veritas has completed a horizontal, we...

imho, excluding the fact veritas has completed a horizontal, we have the knowledge that obrien has completed 2 horizontals and is permitted to do its third completion with Talon as JVP member

that will bring 4 horizontal wells into the exposure of the roundhouse oil formation.. cant see that as negative myself

its not possible for a minnow like obrien to afford 3 horizontal dry holes to make an assessment on a play.

it would do 1 or at the most a second if the first was inconclusive..

seeing the JV partner Obien on the verge of a third horizontal well, and talon onto it second horizontal, says to me that despite talons lack of desire to allow its shareholders knowledge of its plans and conclusions, we can evidence enough regionally to draw a conclusion that the roundhouse play is suitably commercial to warrant further exploratory drilling