Throwing some big money at the PB, interestingly " $130 million will be deployed largely to test the horizontal Wolfcamp and/or Cline potential in the Midland Basin and the horizontal Wolfcamp potential in the Delaware Basin. Energen Resources also expects to drill several wells in the Delaware Basin to test the vertical Wolfbone play."
So testing/test wells are par for course.
GGP Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held