Actually, it may be that unless or until a well hits commercial oil the government considers the well to be stratigraphic. Once commercial oil is found then the government would deem it to be an exploration well. That's the reason posted on Yahoo as being from RECAF. I think once a well is deemed commercial it may start the clock running on the time allowed for the company to produce oil. (Doesn't sound quite right though I understand the logic.) The sooner RECAF begins drilling the better. Keep in mind the "gap" that may soon be looking to get tested or filled just above $3.00. Could be a good entry point if it gets that low or even comes close.