Correct. the Collins drilled to test the Mississippi according to the NOI @ ~1350'. Apparently nothing oil zone wise was found that deep although they may have wanted to prove up the presence and thickness of the coal seams between the Squirrel @ ~900' and TD.
Keith's reference to "multiple pay zones" in the PR may be referring to the CBM potential as well as the two oil sands.
The 600' zone PR'd sounds interesting and would be a likely candidate for a closely spaced offset well. We shall see when any new NOI's are posted by Hemi for this lease whether they show TD below the Squirrel or not. No need to waste drilling dollars if there is nothing worthwhile to look at in those extra 400'. Hope to see an offset test that 600' zone in the upcoming months.
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