RE: Two Milestones25 Jun 2023 21:28
COPL expects conversion of Frontier 1 Prospective Resources to Contingent Resources and ultimately Reserves as additional producing wells come online;
· The Company has defined an "Oil Down To" elevation for the Frontier 1 at Cole Creek with an area of approximately 8,000 acres;
· The Frontier 1 recompletion program at Cole Creek will continue with 4-27-35n-77w.
In the last week of December, the Company initiated recompletion operations on the well 11-27-35n-77w to evaluate the light oil potential of the Frontier 1 reservoir sands.
Is this appraisal???
Following the announcements by the Company in August and November 2021, discovery has been confirmed on COPL's large leasehold position in Converse and Natrona Counties, Wyoming in four (4) Frontier Fm. (1&2) and one (1) Dakota Fm sand(s).
Or this???