Not necessarily the case, once drilling is complete they usually run CMR-MDT wireline logs (usually Schlumberger).
The CMR (Combinable Magnetic Resonance) and MDT (Modular Formation Dynamics Tester) tool provides independent complementary information on reservoir producibility while delivering information on permeability, fluid identification and fluid contacts.
I would assume this would have been run already as someone mentioned a few days ago that wireline logs were being run. If they were going to test over the weekend I think we would have heard already.
I might be wrong and this is just a gut feeling..... but IMO it doesn't sound good. Ive got cash riding on this and I hope im wrong but......
EPR Price at posting:
2.2¢ Sentiment: None Disclosure: Held
