re: good announcement bayou, usa The first objective has not yet...

re: good announcement bayou, usa The first objective has not yet been reached but gas readings and hydrocarbon fluorescence seems encouraging. Any geologists/experts out there with an opinion on these readings. Cheers. Pol


"While drilling the interval between 7700 to 7773 feet a drilling break increase from 10 feet per hour to 193 feet per hour was encountered and was accompanied by an increase in gas readings from a background reading of 22 to 1070 parts per million and hydrocarbon fluorescence in the rock cuttings recovered. This increase in the rate of penetration normally would be indicative of good reservoir sands over the 73 foot interval and the gas shows indicative of hydrocarbons. This zone will be evaluated using wireline logs prior to running casing. The main objectives have not yet been penetrated."