RE:RE:RE:RE:RE:RE:RE:Why only drilled to 6, 858 feet down?Okay, so, yes, the drilling effort hit/encountered all geological targets; which means, basically, that all the geological layers --- source rock, cap rock, reservoir rock, etc as they had anticipated from their data interpretation and mapping --- were encountered ... as more or less anticipated.
Beyond that, based on my experience, I would not read anything else into it ... either positive or negative.
Note: with modern seismic-stratigraphic techniques, and, in this type of basin, I would not consider this a significant challege; rather, OTOH, if they "mis-picked" some geologic horizons, and did NOT encounter such horizons as anticipated, that would suggest to me some very poor marks.
Other than that, we must keep in mind that this is a STRAT TEST --- it is NOT an exploration well; where, the PRIMARY objectives are significantly different.
Note: according to the PR, a few more STRAT TESTS are on order ... BEFORE, if at all, the company commences with drilling EXPLORATION WELL TARGETS.