Ann: Austin strikes Oil in Colorado-AKK.AX, page-73

Exactly Bev, lets see how the results stack up in a month. Does it surprise you that no LWD or mud looging done? Or if done not referenced.

Surprising no one picking up on "greenish" coloring. Either its good news as in it is from the reservoir as is indicate of:

possible transition zone for volatile oil (where it is gaseous in the rocks but transitions to condensate as it travels to surface.... the 88E folks will know this as would those in selected areas of EFS). End product is a high API (>40) oil/condensate. Pennsylvania crude produced from Marcellus has a greenish tinge in sunlight

or

bad news as its just a result of contamination of the drilling fluids used. Surely they can tell the difference right.


And as far as pricing goes, the is a Rocky Mountain benchmark which has a negative differential to WTI of between $7 to $10 depending if you are Western Colorado or SouthEastern Colorado. Keep that in your calculations.