I somewhat think everyone is missing the big picture here,
"Baldwin-2Hst1 reached a total measured depth ("MD") of 1,948 metres and remained within
the main target zone in the Lower Arthur Creek "Hot Shale" for 875 metres while
directionally drilling up a regional dip of 1.7 degrees. Positive hydrocarbon indications were
recorded along the entire length of the horizontal section, with elevated gas readings and
evidence of heavier hydrocarbons present."
and
"We believe that within our lands the full range of
hydrocarbon maturation is present and this will allow PetroFrontier the flexibility to chase
the best economics for the play, whether it is pure oil or various mixtures of oil and gas."
Sounds bloody positive to me, maybe the drop was due to that PFC will not be back at Baldwin to frac until Mac is complete, months away and i hope all the canak punters decide to jump on with us, anyway we all knew that this would happen, just not take as long, excellent that the HOT SHALE in the area contains hydrocarbons that can be fracked and the gas is a HUGE bonus, totally my unprofessional view, but it's my view in all, GL All and hope Mac has similar findings.
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