People Who Invest WithIt is funny how many people look at this being bad news. In fact it is good news, there is oil down hole, it is just a matter of drilling in the right spot to get at it. This fracture just moved a bit while they were drilling into it, all they have to do now is drill another location where there is less of a chance of this happening. I don't know if they could go down and fracture the rock around it in order to get at the oil. This is also a vertical hole, now stop and think for a minute........ they can drill from another location and maybe get at the oil with one or more horizontal legs. They may end up using the same type of technique that is being used to get at the Bakken zone in the SE.
All I can say is that I am happy about this NR and took advantage of all the people who sold out of fear and not being able to understand the NR. In fact there may be a lot of people who do not know the oil industry and got spooked just because the drill got twisted off. One of the biggest thing a person can do is to learn to take emotion out of your investments, the fund managers make huge dollars off of people who invest this way.