Tuesday, May 10, 2011 4:43:58 PM
After further evaluation of the wireline logs the Company was able to report that there was potential for over 135 feet of hydrocarbon pay within six zones and a production casing was run to protect the zones for a flow test program.
The testing program is expected to commence in May and will take some time to complete as there are several zones which will need to be tested.
If commercial rates of flow are established there may be up to 10 follow up development well locations that would be drillable to fully develop the project. Produced oil from the production test can be sold to initiate a revenue stream from the project.
So I would guess about another 30 days.
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