RE:Kelt O4-01 well results. PJ, nice article.
I also believe this is the well on pg. 4 of the October presentation because it was shown as a "license only" on pg. 7 of the Enercon investor presentation in August. Timing from license only to drilling seems right.
What this is telling us is that there is further proof of the liquid rich corridor extending to the north/north west of BBI land package. 35% condensates present in this report! Remember condensates are worth much more than just gas because they are used to dilute heavy oil in the tar sands for transportation in the pipelines. I’m guessing as BBI starts drilling in the northern portion of our land we'll further delineate similar results. Each of these articles and well drilling results provide more information as to the growing value of the land package BBI has acquired. Thanks for sharing this article!!