Pending news, page-27

Hi Adriano,

I'm not a geologist, but well stimulation techniques such as fracking as only necessary when the permeability is low (i.e tight reservoir) so I'm told.

Don't forget that the target formation was the Pierre shale - as noted it is a "naturally highly fractured shale at shallow depth". Like the debate about the well itself - IT WAS A MISS ON THE PIERRE SHALE. They continued to drill deeper to the Niobrara - known low permeability requiring fracking.

So how does one interpret the current Qtrly where is say both "two large oil-filled natural fracture in the transitional zone" and goes on to say "will evaluate fracking this vertical well".

I don't know what that really means - I mean why would you bother pursuing the "transitional zone" between the Niobrara "B" and "C" benches when I believe HZ drilling into Niobrara B has proven successful.

I just see a red flag whilst many others see a checkered flag.