RE:Hit Oil ?You have three indicators that they hit oil or, expect to hit oil.
The first is the Geomark Research to EVALUATE the petroleum geochemistry
GeoMark Research is the preeminent geochemical laboratory, providing petroleum fluid analyses to the petroleum industry and offering a full range of source rock, oil, and gas services.
The second is the decision to use casing, the main purpose which is:
In addition to providing stabilization and keeping the sides of the well from caving in on themselves, casing protects the wellstream from outside contaminants, as well as any fresh water reservoirs from the oil or gas that is being produced.
The third point is the decision to stay longer in drilling hole #1. It was supposed to be finished by now but is extended by another 30 days. So what changed? An oil hit, that is what changed.
mpo