RE:Question TFSAMy own opinion is that we may not know until months after the well is TD'd. CGX needs working capital real bad. They'll want to JV with someone with piles of money.
Remember back about almost a decade ago that someone paid CGX $6 million to see their data room? Who was that? De Alba is going to play this close to his chest. Ya want info then pay. And a big part of that payment would be big money JV.
He'll structure a deal based on provable barrels found. Might take a while. And I can gaurentee you that nobody on that rig will know about the geology. Operations yes. That's easy to find out from a roustabout on the deck crew. Big deal. So my guess is that until the deal making is done then we won't know anything. Because nobody, but nobody, except PhD earth scientists and key people in management will know what they found. That info could be worth billions.