RE:CGX / FRONTERA UPDATE Oh, there's my sweet sweet hopium. Seriously though, thanks for the detail. 2 Qs:
- missing Flow testing is one thing, but no mdt or core data seems like a reasonable reason for a drop. If they believed they had commercial fluids, why would they not persist to get these tests - is that not common?
- What level of certainty can they get on oil quality with just wireline log and drill samplings, borehole fluids? It feels like much lower than "we have xxfeet of oil of this API" so the value of the discovery will be much discounted.
thanks