RE:RE:RNSThey believe they found what they originally targeted plus the payzone up the hole. Slam dunk in my books.
"This outcome is in line with pre-drill estimates under which the well was targeting a discrete fault block trap containing gross mean prospective resources of 1 Tcf of gas (166 mmboe) and 30mmbbls of condensate within a greater Lapacho area considered to potentially contain some 5 Tcf plus associated condensate. Consistent with valuation parameters published for the RPS audit report from January 2014, management value Lapacho resources at approximately US$12 per boe for natural gas and US$ 25 per barrel for liquids. "