RE: RE: Testers lie, never!!Jussi, I have read all of the presentation and propaganda from all of the players promoting the ABB play so I am aware of what the stories are all about. I am also an oil and gas professional with over 30 years of experience in exploration and development so I am quite accurate in my statement that you seemingly take to be incorrect. I remind readers again that these blogs are intended to help investors educate themselves on the technical background to their investments rather than throwing hard earned cash at rumours and rants. If you chose to not value the technical input that knowledgeable people can provide than go ahead and ignore it.
To clarify the geologic setting from a true authority, bank sell-side research!, here is an sample from the BMO - ABB overview piece describing the geological setting of this play. This entire report is easily found online after being originally published in October 2010.
Executive SummaryThe Alberta Bakken, composed of the Banff-Exshaw-Big Valley Formations (Figure 1), is an example of an energy entry Deep Basin tight oil resource play. While this play is speculative due to the low number of producings wells, DSTs, core or completion attempts, the play is considered geologically proven, with production and DST oil recoveries from the Big Valley (Three Forks equivalent), and
DST recoveries from the Exshaw (Bakken equivalent). The main Alberta Bakken play fairway is coincident with the thermally mature Exshaw source rock fairway (Figure 2.)
