Thx for your honest and direct reply.
I agree with you on Defender. It is as close to a perfect drilling campaign as we could have expected. If the frac goes as planned and no sand plugs, etc, then we will know the true value of at least this area of the land.
If they are non commercial or below the magical 600 IP rate that Terry has mentioned, it will be disappointing to say the least
No doubt Terry chose the region that looked to be the "hottest". He's said as much already.
My sixth sense in this business however tells me to not worry. I think we will be just fine. I figure Monday morning or Tuesday morning we will know.
Just a reminder to all my Aussie friends that the AMEX will be closed on Thursday Nov 24th for Thanksgiving and open only a 1/2 day on Friday.
Thx again for your expertise.
STS
Thx for your honest and direct reply. I agree with you on...
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