RE: RE: The Week we break 2pps!26 Jan 2020 23:43
22.53 - maybe. However, the HRZ intersection is a near-term culmination of work in that zone to date. DW did say at Globe that it was a deliberate strategy to keep attention on conv this time as 'it was felt' that the best thing is to help the market focus on one or the other at any one time. There is that deeper layer too and, despite logical reasons given for the recent cr, what if the biggest motivation is to provide funds to cover a deeper well; makes sense once drill is that deep. That then raises a very interesting possibility because if it is announced drill is going beyond HRZ it would represent great confidence in drill prospects prior to April news. Drill cannot realistically be 'paused' into April but an increased TD would be a powerful sign imo, however unlikely it is to happen - we shall soon see. VGLA