Agree with you:I do agree with most of what you point out Swami. You however fail to mention the well I worked on, dig deeper!! I'm old they say, but not anceint. I think you'll find that the hole on 33 did produce....just not enough. We are at different times now with different technology. 33 may still be iffy I agree. The Triaxion well you referred to runs east at the bottom (south) end of 35, out past two old verticals that you would have classed "not oil bearing". Triaxon did this hole in "hast", record time for sure and the frac was of limited number. Looks like they are doing something exstensive to her right now. Service rig has been sitting on it for 5 days.
Here's why I feel Atikwa's got 2, maybe 3, possibly 4 drilling locations. The Triaxon surface location is the SE 34 5 25 W2. A couple hundred yards to the west (you failed to mention this one) is a vertical well drilled in the 60's. This little darling has pumped for 50 years, she is still stroking. Her location is 1/2 mile NE of the Atikwa 7-27 vertical drilled last Feb. We are told that well is putting out 35 bl/d. The (2) HZ locations between these two verticals have to be prime locations. Triaxon even had one of them surveyed and ready to drill when the bottom fell out in 08. As you say though, they will have the data, from all the holes and will make an assessment from that. I'm sure this is what attracted the various company's to Roncott in the first place.
Cenovus Red River: When I last went by this location it looked like the were getting it ready to produce. I'll check on it and post!! It would be a surprise if they have much, unless they are disguising the activity, which I doubt. ........Una