Remember they hit on one out of three holes.They have a lot more drilling to do on Pasquia Hills before reporting any resource, you can't assume every section has oil. Their original 3 hole program hit one hole out of three, the other two may have hit water wells or who knows so every section of land does not have oil shale. Still lot's of drilling to do here but it's a good start for this little company. To drill 10 more holes will require a few million in financing which will probably happen soon.
"The Corporation's core-hole drilling program was a success with one of the three core-hole locations having encountered and cored calcareous speckled oil shale."