RE:Drilling question for @TurnToTheRight
I really don't think there's a difference between "exploration" and "appraisal" as to your questioins. From everything I've read, the intent from these first three wells wasn't to try to drill three producers. But instead give them three real data points which would help them tie in the seismic. It wouldn't have been surprising (or even that negative) to report limited pay. However with multiple points combined with the seismic, it would have given them a good picture as to how the geologic formations run. The fact that they've report potental thick pays in the first two wells is just a huge bonus.
From an information standpoint, they have reported incredibly positive resutls for what they are doing.