195' of pay is great, for 1 well. However, I'm not sure it's fully proven yet, as it did not specifically say so. Either way, something is there, and it's worth bringing in a completion rig, and putting a pumpjack to, or so I would assume.
Also, with that size of pay zone, it would be safe to assume they didn't just hit a pocket. Until it is all proven up, it's still a bit early to say, but it sounds like there could be a major field there.